Shapiro Inc. began operations in 2020 as a computer software service firm, with an accounting fiscal year ending August 31. Shapiro's primary product is a sophisticated online inventory-control system; its customers pay a fixed fee plus a usage charge for using the system. Shapiro has leased a large, Alpha-3 computer system from the manufacturer. The lease calls for a monthly rental of $40,000 for the 144 months (12 years) of the lease term. The estimated useful life of the computer is 15 years. All rentals are payable on the first day of the month beginning with August 1, 2021, the date the computer was installed and the lease agreement was signed. The lease is non-cancelable for its 12-year term, and it is secured only by the manufacturer's lien on the Alpha-3 system. This leased asset will be depreciated by the straight-line method. Borrowed funds for this type of transaction would cost Shapiro 6% per year (0.5% per month). The PV of an annuity factor for 0.5% per period for 144 periods is 102.987. The The PV of an annuity factor for 6% per period for 12 periods is 8.384. (d) Prepare the journal entries for Shapiro below (for journal entries, round to the nearest dollar where necessary). Account Titles Dr. Cr. $ Dr. Cr. (To record the lease of the computer system August 01.20211 S