Henry & Co acquired a machine through Alease agreement on 1 January 2018. The lease was for a five-year term with rentals of $30,000 per year payable in arrears. The present value of the lease rentals was $120,000 and the annual interest rate implicit in the lease was 7.93 %. The useful life of the machine is 5 years. Required: This question has 3 parts, (a), (b) and (c). Answer all parts. (a) Fill in the following table Year Beginning Balance ($) Interest 7.93% Payment Lease Liability At Year End (Dec, 31) 2018 2019 2020 2021 2022 (b) Record all necessary journal entries for 2018 Dr. Cr. (c) Calculate the non-current liability and current liability to be shown in Henry's statement of financial position at 31 December 2019. Non-current liability: Current Liability