On January 1, 2018 gold star leasing company leases equipment to brick co with five equal annual payments of 160,000 each payable beginning January 1, 2018. Brake Co agrees to guarantee the $150,000 residual value of the asset at the end of the lease term period the expected value of the residual value is 50,000. Brix incremental borrowing rate is 10% however it knows that gold stars implicit interest rate is 8%. What Journal entry should brick co make at December 31, 2018 to record interest expenses?