On December 31, 2024, Perry Corporation leased equipment to Admiral Company for a five-year period. The annual lease payment, excluding nonlease components, is $45,000. The interest rate for this lease is 11%. The payments are due on December 31 of each year. The first payment was made on December 31, 2024. The normal cash price for this type of equipment is $155,000 while the cost to Perry was $122,000. For the year ended December 31, 2024, by what amount will Perry's earnings increase due to this lease (ignore taxes)? Multiple Chaice $23.000 $33,000 $46,000 $43.000