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can you show me how you worked the effective interest rate Prepare a lease amortization schedule for the term of the lease for Manufacturers Southern.

can you show me how you worked the effective interest rate
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Prepare a lease amortization schedule for the term of the lease for Manufacturers Southern. Note: Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values. Exercise 15-6 (Algo) Finance lease; lessee [LO15-2] Manufacturers Southern leased high-tech electronic equipment from Edison Leasing on January 1, 2024. Edison purchased the equipment from International Machines at a cost of \$127,024. Note: Use tables, Excel, or o financial calculator. (EV of S1. PV of S1. FVA of \$1, PVA of \$1, FVAD of \$1 and PVAD of S1) Required: Prepare a lease amortization schedule and appropriate entries for Manufacturers Southern from the beginning of the lease throug January 1.2025. Amortization is recorded at the end of each fiscal year (December 31 ) on a straight-line basis

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