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20) Finance lesse amorizatice and jeum:l entrie. Hughey Ce, as leasee, reconsts a finanee lease...

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20) Finance lesse amorizatice and jeum:l entrie. Hughey Ce, as leasee, reconsts a finanee lease of machinery on Jamary 1, 2025. The seven wimad lease peymaents of 5875,000 are mude it the end of each year. The persent valut of the lease paynients at 10% is $4,259,868. Hughey use the effoctiveinteren mecthod of amentiation and sum-of-the-yean--digits depreciation (ne residual vnlue) Iastractions (Round 10 the nearest dollar.) (a) Propare an amortization tablo for 2025 and 2026 . (b) Prepare all of Hughey's joumal entrien for 2025 20) Finance lesse amorizatice and jeum:l entrie. Hughey Ce, as leasee, reconsts a finanee lease of machinery on Jamary 1, 2025. The seven wimad lease peymaents of 5875,000 are mude it the end of each year. The persent valut of the lease paynients at 10% is $4,259,868. Hughey use the effoctiveinteren mecthod of amentiation and sum-of-the-yean--digits depreciation (ne residual vnlue) Iastractions (Round 10 the nearest dollar.) (a) Propare an amortization tablo for 2025 and 2026 . (b) Prepare all of Hughey's joumal entrien for 2025

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