i need help with the incorrect ones i cant seem to figure it out.

LUL ILLES LALE 12 Required: 1. Show how International Machines determined the $17,000 quarterly lease payments. 2. Prepare appropriate entries for International Machines to record the lease at its beginning, January 1, 2018, and the second lease payment on April 1, 2018. ints X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Show how International Machines determined the $17,000 quarterly lease payments. (Round your intermediate and final answers to nearest whole dollar.) PV factors based on Table or Calculator function: PV of Lease PVAD of $1 124,940 8 2.5% 17,000 Lease Payment 12 Required: 1. Show how International Machines determined the $17,000 quarterly lease payments. 2. Prepare appropriate entries for International Machines to record the lease at its beginning, January 1, 2018, and the second lease payment on April 1, 2018. nts Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare appropriate entries for International Machines to record the lease at its beginning, January 1, 2018, and the second lease payment on April 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate and final answers to nearest whole dollar.) No General Journal Credit Date January 01, 2018 Lease receivable Cost of goods sold Sales revenue Equipment Debit 124,940 98,000 98,000 124,940 % 2 17,000 January 01, 2018 Cash Lease receivable 17,000 April 01, 2018 Cash Lease receivable Interest revenue 17,000 14,301 2,699 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare appropriate entries for International Machines to record the lease at its beginning, January 1, 2018, and the second lease payment on April 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate and final answers to nearest whole dollar.) View transaction list Journal entry worksheet Record the lease. Note: Enter debits before credits. Credit Date General Journal January 01, 2018 Lease receivable Cost of goods sold Sales revenue Equipment Debit 124,940 98,000 98,000 124,940 PuymCTIL UITPI, 2UIU. 12 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare appropriate entries for International Machines to record the lease at its beginning, January 1, 2018, and the second lease payment on April 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account f Round your intermediate and final answers to nearest whole dollar.) eBook o View transaction list Hint Journal entry worksheet Print