On January $30,2025,$ Ivanhoe Co$.$ leased equipment to an unaffiliated company for a lease term of three years. At the beginning of the

lease, the equipment had a fair value of $$344000$ and a carrying value of $$281100$ and a remaining useful life of $5$ years. A third party

guarantees a residual value of $$68800$ at the end of the lease. The lease qualifies as a direct financing lease. What journal entry will

Ivanhoe record on January $30,2025?$

Lease Receivable

Deferred Gross Profit

Inventory

Lease Receivable

Deferred Gross Profit

Inventory

Lease Receivable

Inventory

Lease Receivable

Cost of Goods Sold

Sales Revenue

Inventory

$344000$

$62900$

$281100$

$275200$

$5900$

$281100$

$281100$

$344000$

$281100$