Hello, I need help with an accounting question. thank you

Problem 1: Tony Tiger, as lessee, enters into a lease agreement on May 1, 2020, for a tiger costume with Costume Inc. The following data are relevant to the lease agreement: . The term of the noncancelable lease is 10 years, with no renewal option. Payments of $138,990 are due at the beginning of each year, starting today. 0 The fair value of the costume is $1,000,000 (it's a pretty unique costume). The costume has an economic life of 13 years with no salvage value. . Tony Tiger depreciates similar costumes on a straight-line basis. 0 $1,000 Executory costs are paid by the lessee on an annual basis, of which are included in the above rent payment to the lessor. . Tony Tiger's incremental borrowing rate is 8% per year and the implicit rate is unknown. Required: (a) Indicate the type of lease Tony Tiger has entered into. (2 points) (b) Prepare a partial amortization schedule for the lessee that goes up to 5/1/22. (4 points) Lease Executo ry interest reduction in lease payment Costs expense liability liability (6) Prepare the journal entries on Tony Tiger's books that relate to the lease agreement for the following dates: 5/1/20 (2 JE's), 12/31/20 (2 JE's), and 5/1/21 (1 JE). (1'!) points) (d) Prepare the journal entries on Costume Inc's books that relate to the lease agreement for the following date: 5/1/20 (2 LE's) (4 points)