Exercise $15-16($Static$)$ Lessee; operating lease $[$LO$15-4]$ Ballie Power leased high$-$tech electronic equipment from Courtney Leasing on January $1,2024.$ Courtney purchased the equipment from Doane Machines at a cost of $\backslash (\backslash$$ $250,000\backslash ),$ its falr value. Note: Use tables, Excel, or a financlal calculator. $($FV of $\backslash$$$1,$ PV of $\backslash$$$1,$ FVA of $\backslash$$$1,$ PVA of $\backslash$$$1,$ FVAD of $\backslash$$$1$ and PVAD of $\backslash$$$1)```$ Related Information: Lease term $2$ years $(8$ quarterly periods$)$ Quarterly lease payments $$15,000$ thereafter Economic life of asset $5$ years Interest rate charged by the lessor $8\%```$ Required: Prepare a lease amortization schedule and approprlate entrles for Ballle Power from the beginning of the lease through December $31,2024.$ December $31$ is the fiscal year end for each company. Approprlate adjusting entries are recorded at the end of each quarter. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule. Note: Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values.