please solve A through D and show hoe you calculated each value

Reporting finance Lease, Guaranteed Residual-Lessee Nac Leasing Company desson) and Ash Corporation (lessee) signed a fouryear lease on january 1 of Year 1 . The underlyng asset has an estimuted life of tix years and a fair value of 350,000 , and the property reworts to Mat at the and of the leape term. Lmase payments of $11,323 are poyable on janoary 1 of each year bogineing at the lease continencomart and ace set to yieid Mac a retim of Bs. which is known to Ash. The essinated residaal value at the end of the lease term is s10.000 and is guaranteed by Ash Corporation. Ash expects the residual value at the end of the lease term to be 510,000 , The lease torkarns no purchase opton. Mequired a. How would Ash Corporation dessily the lease? b. What is the lease Habaity balance on january 1 , the lase commencement dane? - Note: Round your acswer ta the nearest whole dollat. c. Prepare the entries for Ash Corporation on January 1 and December 31 of Year 1. - Note: Round your answers to the nearest whole dollar. d. Assume that Ash Corporation expects the residual value at the end of the lease term to be 53,500 . Prepare the entries for Ash Corporation on january 1 and December 31 of Year 1 . - Note: flound your answers to the nearest whole dollar. Reporting finance Lease, Guaranteed Residual-Lessee Nac Leasing Company desson) and Ash Corporation (lessee) signed a fouryear lease on january 1 of Year 1 . The underlyng asset has an estimuted life of tix years and a fair value of 350,000 , and the property reworts to Mat at the and of the leape term. Lmase payments of $11,323 are poyable on janoary 1 of each year bogineing at the lease continencomart and ace set to yieid Mac a retim of Bs. which is known to Ash. The essinated residaal value at the end of the lease term is s10.000 and is guaranteed by Ash Corporation. Ash expects the residual value at the end of the lease term to be 510,000 , The lease torkarns no purchase opton. Mequired a. How would Ash Corporation dessily the lease? b. What is the lease Habaity balance on january 1 , the lase commencement dane? - Note: Round your acswer ta the nearest whole dollat. c. Prepare the entries for Ash Corporation on January 1 and December 31 of Year 1. - Note: Round your answers to the nearest whole dollar. d. Assume that Ash Corporation expects the residual value at the end of the lease term to be 53,500 . Prepare the entries for Ash Corporation on january 1 and December 31 of Year 1 . - Note: flound your answers to the nearest whole dollar