On January $1,2024,$ Nath$-$Langstrom Services, Incorporated, a computer software training firm, leased several computers under a two$-$year operating lease agreement from ComputerWorld Leasing, which routinely finances equipment for other firms at an annual interest rate of $4\%.$The contract calls for four rent payments of $$10,000$ each, payable semiannually on June $30$ and December $31$ each year.The computers were acquired by ComputerWorld at a cost of $$90,000$ and were expected to have a useful life of five years with no residual value.Both firms record amortization and depreciation semiannually.Note: Use tables, Excel, or a financial calculator.$($FV of $$1,$PV of $$1,$FVA of $$1,$PVA of $$1,$FVAD of $$1$and$$PVAD of $$1)$Required:Prepare appropriate journal entries recorded by Nath$-$Langstrom Services for the first year of the lease.Prepare appropriate journal entries recorded by ComputerWorld Leasing for the first year of the lease.

Journal entries for Nath$-$Langstrom:

$1.)$beginning of the lease $-$ january $1$st

$2.)$lease payment made $-$ june $30$th

$3.)$amortization $-$ june $30$th

$4.)$lease payment made $-$ december $31$st

$5.)$ amortization $-$ december $31$st

Journal entries for ComputerWorld:

$1.)$beginning of the lease $-$ january $1$st

$2.)$lease payment made $-$ june $30$th

$3.)$depreciation $-$ june $30$th

$4.)$lease payment made $-$ december $31$st

$5.)$depreciation $-$ december $31$st

Any help is appreciated, thanks!