Please provide me the correct answer for this question

MidSouth Auto Leasing leases vehicles to consumers. The attraction to customers is that the company can offer competitive prices due to volume buying and requires an interest rate implicit in the lease that is one percent below alternate methods of nancing. On September 30, 2021, the company leased a delivery truck to a local florist, Anything Grows. The scal year for both companies ends December 31. The lease agreement specied quarterly payments of $3,000 beginning September 30. 2021, the beginning of the lease. and each quarter (December 31, March 31, and June 30)through June 30, 2024 (threeiyear lease term). The orist had the option to purchase the truck on September 29, 2023, for $6,000 when it was expected to have a residual value of $10,000. The estimated useful life of the truck is four years. MidSouth Auto Leasing's quarterly interest rate for determining payments was 3%[approximately12% annually). MidSouth paid $25,000 for the truck. Both companies use straightline depreciation or amortization. Anything Grows' incremental interest rate is 12%. Hint: A lease term ends for accounting purposes when an option becomes exercisable if it's expected to be exercised (Le, a BPO). ( i351, PV of $_1, FVA of $_1. PVA of $_1, FVAD 0t $_1 and PVAD of $_1) (Use appropriate factorts) from the tables provided.) Required: 1. Calculate the amount of selling prot that MidASouth would recognize in this salesitype lease. (Be careful to note that, although payments occur on the last calendar day of each quarter, since the rst payment was at the beginning of the lease, payments represent an annuity due.) 2. Prepare the appropriate entries for Anything Grows and MidASouth on September 30, 2021. 3. Prepare an amortization schedule(s) describing the pattern of interest expense for Anything Grows and interest revenue for Mid South Auto Leasing over the lease term. 4. Prepare the appropriate entries for Anything Grows and MidSouth Auto Leasing on December 31. 2021. 5. Prepare the appropriate entries for Anything Grows and MidSouth on September 29. 2023, assuming the purchase option was exercised on that date. 3. Prepare an amortization schedule(s) describing the pattern of interest expense for Anything Grows and interest revenue for Mid South Auto Leasing over the lease term. 4. Prepare the appropriate entries for Anything Grows and MidSouth Auto Leasing on December 31, 2021. 5. Prepare the appropriate entries for Anything Grows and MidSouth on September 29. 2023, assuming the purchase option was exercised on that date. 9 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare the appropriate entries for Anything Grows and MidSouth on September 29, 2023, assuming the purchase option was exercised on that date. (If no entryr is required for a transaction/event, select "No journal entryr required" in the first account field. Round your intermediate and final answers to nearest whole dollar.) 1 September 29, 20 Amortization expense 0 4,955 o Rig hlrofruse asset 0 4,955 9 Journal entry worksheet 2 3 Record the amortization for Anything Grows (Lessee) for the quarter ended September 29, 2023. Note: Enter debits before credits. Date General Journal Debit Credit September 29, 2023 Amortization expense LLLLLLY 4,955 Right-of-use asset 4,955