I am workling on this problem and came here for help on the balance sheet, I have already answered the first $3$ questions. I need help with #$4.$ How do i detemine the amounts to be listed?

Lamplighter Company, the lessor, agrees to lease equipment to Tilson Company, the lessee, beginning January $1,2016.$ The lease terms, provisions, and related events are as follows:

$$ The lease is noncancelable and has a term of $8$ years.

$$ The annual rentals are $$32,000,$ payable at the end of each year.

$$ Tilson agrees to pay all executory costs.

$$ The interest rate implicit in the lease is $14\%.$

$$ The cost of the equipment to the lessor is $$110,000.$

$$ The lessor incurs no material initial direct costs.

$$ The collectibility of the rentals is reasonably assured, and there are no important uncertainties surrounding the amount of unreimbursable costs yet to be incurred by the lessor.

$$ The lessor estimates that the fair value at the end of the lease term will be $$20,000$ and that the economic life of the equipment is $9$ years.

Required:

$1.$ Calculate the selling price implied by the lease and prepare a table summarizing the lease receipts and interest revenue earned by the lessor for this sales$-$type lease.

$2.$ Next Level State why this is a sales$-$type lease.

$3.$ Prepare journal entries for Lamplighter for the years $2016,2017,$ and $2019.$

$4.$ Prepare partial balance sheets for Lamplighter for December $31,2016,$ and December $31,2017,$ showing how the accounts should be disclosed.