Question: please solve it quickly 7 points ceae Leasing Company signs a lease agreement on January 1, 2021, to lease equipment to Oman Company. The term

please solve it quickly

7 points ceae Leasing Company signs a lease agreement on January 1, 2021, to lease equipment to Oman Company. The term of the non-cancelable lease is 8 years, ayments are required at the end of each year. The following information related to this agreement The equipment has a cost and fair value of $28,500,000 to Apparel, an estimated useful life of 10 years, and no residual value at the end of that time. Annual lease rental is $4.324.818. 1. Apparel Company desires to eam an 8% return on its investment. instructions A Prepare an amortization schedule for the lessor for 2021 and 2022 Prepare the journal entries on the lessor's books on January 1, 2021 and December 31, 2021. press ALT+F10 (PC) of ALT-10 (Ma

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