On January 1, 2024, Nath-Langstrom Services, Incorporated, a computer software training firm, leased several computers under a twoyear 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 $18,000 each, payable semiannually on June 30 and December 31 each year. - The computers were acquired by. Computer World at a cost of $106,000 and were expected to have a useful life of five years with no residual value. - Both firms record amortization and depreciation semiannually. Note: Use tobles, Excel, or a finenciol colculator. (FV of S1, PV orS1, EVA of S1. PVA of S1, FVAD ofS1 and Required: 1. Prepare appropriate joumal entries recorded by Nath-Langstrom Services for the first year of the lease 2. Prepare appropriate joumal entries recorded by ComputerWorld Leasing for the first year of the lease. Complete this question by entering your answers in the tabs below