I need help with the red incorrect marks. I don\'t quite understand why I am get

Question

I need help with the red incorrect marks. I don't quite understand why I am getting it wrong...

Nash Leasing Company signs a lease agreement on January 1, 2017, to lease electronic equipment to Crane Company. The term of the noncancelable lease is 2 years, and payments are required at the end of each year. The following information relates to this agreement:

Your answer is partially correct. (a) Prepare the journal entries on the books of Nash Leasing to reflect the payments received under the lease and to recognize income for the years 2017 and 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round present value factor calculations to 5 decimal places, e.g. 0.527552 and the final answers to 0 decimal places e.g. 5,275.) Date Account Titles and Explanation Debit Credit 1/1/17 Lease Receivable 150,000 Equipment 150,000 12/31/17 Cash 83,638 Executory Costs Payable 5,400 Lease Receivable 61,038 Interest Revenue 17,200 12/31/18 Cash 83,638 Executory Costs Payable 5,400 Lease Receivable 69,342 Interest Revenue 8,896

Explanation / Answer

As per your calculations according to the given question, I couldn't find anything wrong and not even sure why red marks are appearing.

All I could say is the calculations are correct ,but couldn't find the reason for answers being appearing wrong.

That's all I could trace.

Thank you.

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