Answer questions 20-21 from the following information.

On January 1, Lessee leases equipment with a useful life of 3 years for a three-year lease term. Payments of $35,000 are due at the beginning of each year. The incremental borrowing rate is 6%. The present value of the payments is $98,000.

20. What is the interest expense at the end of the year?

21. What is the amortization expense at the end of the year?