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.



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% 8. Scenario 5: Separating the components of a contract The annual rent is due at the beginning of each year and is itemized in the contract as follows: P156,000 for rent, P39,000 for maintenance and P5,000 of administrative tasks. The itemized amounts reflect the relative stand-alone prices of the components. How much are the (1) lease liability as of January 1, 20x1 and (2) total lease-related expenses for 20x1? O a. 1,080,366, 236,074 O b. 1,080,366; 241,074 O c. 921,444; 240, 288 O d. 921,444; 245,288 9. (Continuation of Scenario 5) In addition, the contract requires Sunset Co. to restore the equipment to its original condition at end of the lease term. At contract inception, Sunset Co. estimates that the fair value of its restoration obligation is P100,000. How much are the (1) right-of-use asset and (2) lease liability as of January 1,20x1? a. 1,181,444; 921,444 O b. 1,021,444; 921,444 O c. 1,180,366; 1,080,366 Od 1,180,366; 1,180,366
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