On January $1,2021,$ Rick$$s Pawn Shop leased a truck from Corey Motors for a five$-$year period with an option to extend the lease for three years. Rick$$s had no significant economic incentive as of the beginning of the lease to exercise the $3-$year extension option. Annual lease payments are $$12,500$ due on December $31$ of each year, calculated by the lessor using a $5\%$ interest rate. The agreement is considered an operating lease. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$ Required: $1.$ Prepare Rick$$s journal entry to record for the right$-$of$-$use asset and lease liability at January $1,2021.2.$ Prepare the journal entries to record interest and amortization at December $31,2021.$