On January 1, 2024. Calloway Company leased a machine to Zone Corporation. The lease qualifes as a sales-type loase. Calloway paid $220,000 for the machine and is leasing it to Zone for $33,000 per yeat, an amount that will return 11% to Calloway. The present value of the lease payments is \$220,000. The lease payments are due each January 1, beginning in 2024. What is the appropriate interest entry on December 31,2024 ? Multple Choice