14 - HOMEWORK - p1,2,5,6,10&11 i Saved Help Save & Exit Checkn Problem 14-11AC Capital lease accounting LO C3 [The following information applies to the questions displayed below.] Rogers Company signs a five-year capital lease with Packer Company for office equipment. The annual year-end lease payment is $12,000, and the interest rate is 5%. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) Problem 14-11AC Part 1 1. Complete the below table to calculate the present value of Rogers's five-year lease payments. Lease Payment Amount PV Factor Present value of lease payments Draw 42 16 16 of 16 !! Next >