Please help me solve!!

Ace's fiscal year ends on December 31st every year. Ace prepares accrual adjusting entries semi-annually, on June 30th and Dec. 31st each year. Ace applies US GAAP for all of its debt instruments and does not use the fair value option. On 1/1/16, Ace decided to purchase equipment by issuing an installment loan directly to the equipment vendor (NON-CASH LOAN). This loan has a face value of $1,115,966, a stated interest rate of 5%, and a maturity date of 12/31/20 Based on these contract terms, the annual payment due each 12/31 is $257,760 Upon further investigation, you have determined that the appropriate market interest rate for this loan is 9.1% on 1/1/16. Lump-sum payment due on the maturity date = (Remember that this is a regular installment loan.) Annual annuity payment amount required = (Remember that this is based on the contract terms.) Number of periods (n) = (NOTE: Even though Ace prepares semi-annual AJEs, this loan requires annual compounding.) Market interest rate per period = Original carrying value of this NON-CASH LOAN = Account Debit Credit Date 1/1/16 6/30/16 12/31/16 Ace's fiscal year ends on December 31st every year. Ace prepares accrual adjusting entries semi-annually, on June 30th and Dec. 31st each year. Ace applies US GAAP for all of its debt instruments and does not use the fair value option. On 1/1/16, Ace decided to purchase equipment by issuing an installment loan directly to the equipment vendor (NON-CASH LOAN). This loan has a face value of $1,115,966, a stated interest rate of 5%, and a maturity date of 12/31/20 Based on these contract terms, the annual payment due each 12/31 is $257,760 Upon further investigation, you have determined that the appropriate market interest rate for this loan is 9.1% on 1/1/16. Lump-sum payment due on the maturity date = (Remember that this is a regular installment loan.) Annual annuity payment amount required = (Remember that this is based on the contract terms.) Number of periods (n) = (NOTE: Even though Ace prepares semi-annual AJEs, this loan requires annual compounding.) Market interest rate per period = Original carrying value of this NON-CASH LOAN = Account Debit Credit Date 1/1/16 6/30/16 12/31/16