Question: please help me find the right answer for the journal entries that are wrong Manufacturers Southern leased high-tech electronic equipment from Edison Leasing on January

Manufacturers Southern leased high-tech electronic equipment from Edison Leasing on January 1, 2021. Edison purchased the equipment from International Machines at a cost of \$125,370. (FV of \$1. PV of \$1. FVA of \$1, PVA of \$1. EVAD of $1 and PVAD of $1 ) (Use appropriate factor(s) from the tables provided.) Required: Prepare a lease amortization schedule and appropriate entries for Manufacturers Southern from the beginning of the lease through January 1, 2022. Amortization of the right-of-use asset is recorded at the end of each fiscal year (December 31) on a straight-line basis
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