could use some help thanks

Natick Industries leased high-tech instruments from framingham Leasing on January 1,2024 . Natick has the option to renew the lease at the end of two years for an additional three years. Natick is subject to a $40,000 penalty after two years if it fails to renew the lease. Framingham Leasing purchased the equipment from Waltham Machines at a cost of $153,238. Note: Use tables, Excel, or a financial calculator. (EV of \$1. PV of \$1. EVA of \$1, PVA of \$1, EVAD of \$1 and PVAD of \$1) Required: Prepare appropriate entries for Natick Industries from the beginning of the lease through March 31, 2024. Appropriate adjusting entries are made quarterly. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to the nearest whole dollar