15. On Jаnuаry 1, Yeаr 1, a cоmpany signs a 3-year оperating lease with the fоllowing end-of-year payments: Year 1: $10,000 Year 2: $12,000 Year 3: $14,000 The present value of the lease payments at inception is $31,700, and the discount rate is 6%. Amortization schedules have been prepared as follows for the first year. What is year 1 journal entry to record rent expense? Lease Liability amortization Beg Balance Interest Cash payment End Balance 31,700 1902 10,000 23,602 ROU Amortization Beg Balance Interest (from Lease Liab Lease expense End Balance 31,700 1902 [xxx] [xxx]