please help

On January 1, 2021, National Insulation Corporation (NIC) leased equipment from United Leasing under a finance lease. Lease payments are made annually. Title does not transfer to the lessee and there is no purchase option or guarantee of a residual value by NIC. Portions of the United Leasing's lease amortization schedule appear below. (FV of $1. PV of $1. FVA of $1. PVA of S1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Effective Decrease in Outstanding Jan. 1 Payments Interest Balance Balance 2821 162, ee1 2021 14,500 14,5ee 2022 147.5e1 14,500 11,800 2,700 144,881 2023 14,500 11,584 2,916 141,885 2024 14,5ee 11,351 3,149 2025 138,736 14,5ee 11,099 3,401 135,335 2026 14,5ee 10,827 3,673 131,662 14,5ee 2038 2039 2040 2841 5,250 4,510 3,711 2,848 14.5e 38,449 9,25e 9.990 19,789 35,601 56,350 46,390 35,601 Ranitid Required: 1. What is the lease term in years? 2. What is the asset's residual value expected at the end of the lease term? (Round your answers to nearest whole dollar) 3. What is the effective annual interest rate? (Round your percentage answer to 1 decimal place.) 4. What is the total amount of lease payments for United? (Round your answers to nearest whole dollar.) 5. What is the total amount of lease payments for NIC? (Round your answers to nearest whole dollar.) 6. What Is United's net investment at the beginning of the lease (after the first payment)? (Round your answers to nearest whole dollar.) 7. What is United's total effective interest revenue recorded over the term of the lease? (Round your answers to nearest whole dollar) 8. What amount would NIC record as a right-of-use asset at the beginning of the lease? (Round your answers to nearest whole dollar.) 20 years 1 2 13 Lease form Assol's residual value Effective annual interest rate Lease payments for United Lease payments for NIC Not investment Total effective interest revenue Right-of-use asset $ $ 5 0 8.01% 290,000 290,000 147,501 142,499 162.001 6. 7 8 $ $ $