I need help with the ones marked in red with an x next to them on question 2 lease payable balance and 2 right of use asset balance.

Exercise 15-13 (Algo) Lessee; operating lease; financial statement effects [LO 15-4] At January 1, 2024, Caf Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. - The lease agreement specifies annual payments of $27,000 beginning January 1,2024 , the beginning of the lease, and on each December 31 thereafter through 2031. - The equipment was acquired recently by Crescent at a cost of $189,000 (its fair value) and was expected to have a useful life of 13 years with no salvage value at the end of its life. - Because the lease term is only 9 years, the asset does have an expected residual value at the end of the lease term of $42,341. - Crescent seeks a 10% return on its lease investments. By this arrangement, the lease is deemed to be an operating lease. Note: Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, EVA of \$1. PVA of \$1, EVAD of \$1 and PVAD of S1) Required: 1. What will be the effect of the lease on Cafe Med's earnings for the first year (ignore taxes)? Note: Enter decreases with negative sign. taxes)? Note: For all requirements, round your intermediate calculations and final answers to the nearest whole dollars. Exercise 15-13 (Algo) Lessee; operating lease; financial statement effects [LO 15-4] At January 1, 2024, Caf Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. - The lease agreement specifies annual payments of $27,000 beginning January 1,2024 , the beginning of the lease, and on each December 31 thereafter through 2031. - The equipment was acquired recently by Crescent at a cost of $189,000 (its fair value) and was expected to have a useful life of 13 years with no salvage value at the end of its life. - Because the lease term is only 9 years, the asset does have an expected residual value at the end of the lease term of $42,341. - Crescent seeks a 10% return on its lease investments. By this arrangement, the lease is deemed to be an operating lease. Note: Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, EVA of \$1. PVA of \$1, EVAD of \$1 and PVAD of S1) Required: 1. What will be the effect of the lease on Cafe Med's earnings for the first year (ignore taxes)? Note: Enter decreases with negative sign. taxes)? Note: For all requirements, round your intermediate calculations and final answers to the nearest whole dollars