On January $1,2024,$ Robertson Construction leased several items of equipment under a two$-$year operating lease agreement from

Jamison Leasing, which routinely finances equipment for other firms at an annual interest rate of $5\%.$ The contract calls for four rent

payments of $$59,000$ each, payable semiannually on June $30$ and December $31$ each year. The equipment was acquired by Jamison

Leasing at a cost of $$393,000$ and was expected to have a useful life of six years with no residual value. Both firms record amortization

and depreciation semi$-$annually.

Required:

Prepare the appropriate journal entries for the lessor $($Jamison Leasing$)$ from the beginning of the lease through the end of $2024.$

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Answer is complete but not entirely correct.