General Cambria -12 IUA B Paste Styles Insert Delete Format - Cells .00 Font Number ipboard N18 1 G - H E Alignment fox I J K L M 2 3 Company A started at the beginning of 2019. 4 They entered into a lease with Jan 1st as both inception and commenment date 5 The Lease term is as below 6 -5 yr non-cancellable 7 -5% interest rate 8 - equal payment of $22916.51 at the end of each year 9 - $1,000 bargining purchase option at the end of lease term 10 Useful life of this asset is 6 years with O residual value 12 Tax rate 2596, 30% and 35% each of the year 13 14 Earnings before interest, amortization and taxes for each year 15 2019 $1,23,456 16 2020 $2,34,567 17 2021 $3,45,678 18 19 Requests 20 a) Prepare amortization table for the lease 21 b) Record all related Jes 22 c) Complete the balance sheet Sheet1 Ready (hp General Cambria -12 IUA B Paste Styles Insert Delete Format - Cells .00 Font Number ipboard N18 1 G - H E Alignment fox I J K L M 2 3 Company A started at the beginning of 2019. 4 They entered into a lease with Jan 1st as both inception and commenment date 5 The Lease term is as below 6 -5 yr non-cancellable 7 -5% interest rate 8 - equal payment of $22916.51 at the end of each year 9 - $1,000 bargining purchase option at the end of lease term 10 Useful life of this asset is 6 years with O residual value 12 Tax rate 2596, 30% and 35% each of the year 13 14 Earnings before interest, amortization and taxes for each year 15 2019 $1,23,456 16 2020 $2,34,567 17 2021 $3,45,678 18 19 Requests 20 a) Prepare amortization table for the lease 21 b) Record all related Jes 22 c) Complete the balance sheet Sheet1 Ready (hp