On January $1,2025,$ Carla Vista Animation sold a truck to Sandhill Finance for $$38\mathrm{.}000$ and innedistely leased a back. The truck wat carrited on Carla Vata's boots at $$31,000.$ The term of the lease in $5$ years, there is so bargain purchase opeion, and title does not January $1,2026.$ The appropriate rate of interest in $6$ K $,$ the truck has a uneful ste of $5$ pars with we expected residual value at the end of the lease term. the amount is entered. De not indent manually. If ne entry is required, select $"$Wh finey' for the accuant nites and enter $0$for the amounts. For Recoed journal entries in the onder prosented in the problem.$)$

Chiklere to vire facior tables.

Date

Account Tities and Explanation

Debit

Credit

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$