Hi, please take a look at the attachment. I keep getting the ones hi-lighted yellow wrong, what am I doing wrong?

Ludwick Steel Company as lessee signed a lease agreement for equipment for 5 years, beginning December 31, 2012. Annual rental payments of $72,400 are to be made at the beginning of each lease year (December 31). The taxes, insurance, and the maintenance costs are the obligation of the lessee. The interest rate used by the lessor in setting the payment schedule is 9%; Ludwick's incremental borrowing rate is 12%. Ludwick is unaware of the rate being used by the lessor. At the end of the lease, Ludwick has the option to buy the equipment for $1, considerably below its estimated fair value at that time. The equipment has an estimated useful life of 7 years, with no salvage value. Ludwick uses the straightline method of depreciation on similar owned equipment. A Prepare the journal entry, that should be recorded on December 31, 2012, by Ludwick Account Titles and Explanation Leased Equipment Lease Liability Debit Credit 292304.14 292304.14 (To record the lease) Lease Liability Cash 72,400 72,400 B Prepare the journal entry, that should be recorded on December 31, 2013, by Ludwick Account Titles and Explanation Depreciation Expense Cash Debit Credit 41758 219904.1 21990.4 41758 (To record the lease) Interest Expense Lease Liability Cash 50409.59 21990.41 50409.59 72400 72400 C Prepare the journal entry, that should be recorded on December 31, 2014, by Ludwick Account Titles and Explanation Interest Expense Lease Liability Cash Depreciation Expense Accumulated Depreciation date Debit Credit 16949.44 55450.56 72400 72400 41758 14758 12/31/2012 12/31/2012 12/31/2013 12/31/2014 12/31/2015 1/1/2016 Annual Lease Payment - 72400 72400 72400 72400 72400 Reduction of Interest (10% Lease on Liability Liability Lease Liability 292,304 - 21,990.40 16,949.44 11,404.38 5,304.82 72400 50,409.60 55,450.56 60,995.62 67,095.18 219,904 169,494.40 114,043.84 53,048.22 (14,046.95)