Question: 2 0 1 7 annual report table: 2 0 1 8 annual report table: These two tables demonstrate the off - balance - sheet reporting

2017

annual report table:

2018

annual report table:

These two tables demonstrate the off

-

balance

-

sheet reporting of a lease before ASC

842

and the impact of the new regulation.

Explain the similarities and differences between these two charts. What is the implicit interest rate the company uses when they calculate their lease obligations? And in table

1,

if all the operating leases were to be recognized using ASC

842,

how much liabilities would the company recognize?

2 0 1 7 annual report table: 2 0 1 8 annual

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