On Jan. $1,2021,$ Ford Motor Company leased a fleet of $50$ vans to Amazon Corporation. The lease agreement specifies that Amazon will make six annual payments of $$600,000$ beginning Jan. $1,2021,$ the beginning of the lease and at each December $31$ from $2021$ through $2025.$ The six$-$year lease term is equal to the estimated useful life of the vehicles. $$Ford manufactured the fleet of vehicles at a total cost of $$2,500,000.$ Using an interest rate of $10\%,$ Ford calculates the present value of the lease payments to be received as $$2,874,474.($This amount was calculated by multiplying the $$600,000$ annual payments x $4\mathrm{.}79079$ which is the present value of an annuity due where n $=6,$i $=10\%).$ Please show any calculations that are needed when responding to the following questions.

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a$)$ This lease should be classified as $($circle the correct one$)$:

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$$ Finance $/$ Sales Type Lease with no profit

$$ Finance $/$ Sales Type Lease with a profit

$$ Operating Lease

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b$)$ Provide the journal entry that Ford $($lessor$)$ would record at the beginning of the lease on Jan. $1,2021$ regarding the right to use asset.

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c$)$ Provide the additional journal entry that Ford $($lessor$)$ would record at the beginning of the lease on Jan. $1,2021$ regarding the first $$600,000$ payment.

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Question #$2($continued$)$

d$)$ Provide the journal entry that Amazon $($lessee$)$ would record at the beginning of the lease on Jan. $1,2021$ regarding the right to use asset.

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e$)$ Provide the additional journal entry that Amazon $($lessee$)$ would record at the beginning of the lease on Jan. $1,2021$ regarding the first $$600,000$ payment.

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f$)$Provide the journal entry that Ford $($lessor$)$ would record on Dec. $31,2021$ at the time of the second $$600,000$ lease payment.

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g$)$ Provide the journal entry that Amazon $($lessee$)$ would record on Dec. $31,2021$ at the time of the second $$600,000$ lease payment. $($Hint: Be sure to include the amortization expense.$)$

I believe i have everything correct up until F and G but would like to verify all of the answers