Please help thank you!!

On December 31, 2024, Perry Corporation leased equipment to Admiral Company for a five-year period. The annual lease payment, excluding nonlease components, is $41,000. 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 $150,000 while the cost to Perry was $117,000. For the year ended December 31,2024, by what amount will Perry's earnings increase due to this lease (ignore taxes)? Multiple Choice $43,000 $23,000 $33,000 $46,000