Question: 1 hour to Answer please help me! I will UPVOTE and make good comment or FEEDBACK. SCENARIO PROBLEM, I HOPE U WILL ANSWER ALL OF

1 hour to Answer please help me!

I will UPVOTE and make good comment or FEEDBACK.

SCENARIO PROBLEM, I HOPE U WILL ANSWER ALL OF THAT.

The reason was the 3 pictures are connected, thats why cannot be seperated.

1 hour to Answer please help me! I will UPVOTE and make

good comment or FEEDBACK. SCENARIO PROBLEM, I HOPE U WILL ANSWER ALL

OF THAT. The reason was the 3 pictures are connected, thats why

Fact pattern for the nine (9) independent scenarios below: On January 1, 20x1, Sunset Co. leased a machine from April, Inc. Information on the lease is as follows: annual rent- P200,000 Lease term 10 years Useful life of machine 12years Implicit interest 10% Lessee's incremental borrowing rate 11% 4. Scenario 2: Residual value guarantee The lease payments are due at the end of each year. sunset Co. guarantees that April, Inc. will realize P80,000 from selling the machine to another party at the end of the lease term. At contract inception, Sunset Co. estimates that the fair value less disposal costs of the machine at the end of the lease term, when the machine is reverted back to April, Inc., will be P50,000. How much are the carrying amounts of the (1) right-of-use asset and (2) lease liability on Dec 31, 20x1? a. 1,116,431; 1,164,527 O b. 1,044,431; 1,164,527 O c. 1,131,781; 1,080,980 Od 1,21,431; 1,080,980 5. (Continuation of Scenario 2) In the first two years of the lease, Sunset Co. was not able to use the machine as much as expected, and Sunset Co. foresees this to persist in the future. Accordingly, on January 4, 20x3, Sunset Co. reassesses its obligation on the residual value guarantee and revises its estimate of the machine's fair value less disposal costs at the end of the lease term from P50,000 to P70,000. How much are the carrying amounts of the (1) right-of-use asset and (2) lease liability on Dec 31, 20x3? a. 880,361; 978,815 O b. 860,171,978,815 O c. 860171; 992,366 O d. 880,361; 992,366

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