Maker Corporation manufactures imaging equipment. Easy Leasing purchased an MRI machine from Maker for $1,020,000 and leased it to Imaging Group, Incorporated on January 1, 2024. Required: 1. How should this lease be classified by Imaging Group and by Easy Leasing? 2. Prepare appropriate entries for both Imaging Group and Easy Leasing from the beginning of the lease through the second rental payment on April 1, 2024. Depreciation and amortization are recorded at the end of each fiscal year (December 31). 3. Assume Imaging Group leased the machine directly from the manufacturer, Maker Corporation, which produced the machine at a cost of $720,000. Prepare appropriate entries for Maker from the beginning of the lease through the second rental payment on April 1, 2024 Complete this question by entering your answers in the tabs below. Prepare appropriate entries for Imaging Group from the beginning of the lease through the second rental payment on April 1, 2024. Depreciation and amortization are recorded at the end of each fiscal year (December 31 ). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amounts. Show less A