On January $1,2025,$ Ivanhoe Animation sold a truck to Oriole Finance for $$48,000$ and immediatley leased it back $.$ The truck was carried on Ivanhoe's books at $$40,000.$ The term of the lease is $5$ years $,$ there is no bargain pirchase option, and title does not transfer to Ivanhoe at lease end. The lease requires fice equal rentsl psyments of $$11,395$ at the end of each yesr $($ first payment on January $1,2026)$ the appropriate rate ofbinterest is $6\%$ the truck has a useful lide of $5$ years, with no expected residual valie at the end if the lease term Prepare Ivanhoes $2025$ journal entries