NEED HELP WITH PART D$!!!!$ Only thank you!!

Pharouh Corporation entered into a leave agreement on January $1\mathrm{.}2025,$ is provide Oriole Company with a piece of machinery. The terms of the lease agreement were as follows.

The lease is to be for $3$ years with rental payments of $$12\mathrm{.}969.$ made as the beyinning of each year.

At the end of the lease term, both parties expect the machinery to have a revisual walue of $$30,000,$ none of which is guaranteed. not of a specialined nature.

The implicit rale is $5$ K $,$ which is known by Oriole.

Collectibility of the payments is probable.Prepare the $2025$ journal entries for Oricle. $($Credit account titles are autsmatically inderited when the amount is entered. Do not inde manually: If no entry is required, select $\text{'}$No Entry' for the account fities and erter $0$for the amounts. Round present value foctor calculations to $5$ decimal places, es$,1\mathrm{.}25124$ and the final answer to $0$ decimal places e$.$s$.58\mathrm{.}971.$ Lit all debit entries before ored: entries$)$

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Account Titles and Explanation

Debit

Credit

$$

$$

$$

$$

$$

$$

$$

$($To record leave$)$

$$

$$

$$

$$

$$

$$

$$

$($To record first lease payment$)$

$$

$$

$$

$$

$($d$)$

Your answer is partially correct.

Prepare the $2025$ journal entries for Pharoah, $($Credit account tilles are automotically indentind when the amount is entered. De not Indent manually: If ne entry is required, select $"$No Entry" for the account sities and enter Offor the amounde Round present wilve foctor entries$)$

Account Titles and Explanation

Debit

Credit

$$

$$

Unearned Lase Revery

$$

$$

$$

$$

$$

$$

$$

$($To recood lease neverue$)$

$1$

$$

$$

$$

Accumulated Depreciation Gopigment $$

$$

$($To record depreciation$)$