Question: 3 . What items and amounts will appear on the lessee's income statement for the year ending September 3 0 , 2 0 2 7

3. What items and amounts will appear on the lessee's income statement for the year ending September 30,2027?
4. What items and amounts will appear on the lessee's balance sheet at September 30,2027?
b. Assuming the lessee's accounting period ends on December 31, answer the following questions with respect to this lease agreement.
What items and amounts will appear on the lessee's income statement for the year ending December 31,2025?
What items and amounts will appear on the lessee's balance sheet at December 31,2025?
What items and amounts will appear on the lessee's income statement for the year ending December 31,2026?
What items and amounts will appear on the lessee's balance sheet at December 31,2026?
NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells. Amounts may differ from the solutions manual due to rounding resulting from more precise calculations in Excel.
2. Non-current assets:
Current liabilities:
Long-term liabilities:
3.
4. Non-current assets:
Current liabilities:
Long-term liabilities:Non-current assets:
Current liabilities:
Long-term liabilities:
3.
4. Non-current assets:
Current liabilities,
Long-term liabilities:
PLEASE FILL IN ALL EMPTY YELLOW BOXES AND SHOW ALL WORK
3 . What items and amounts will appear on the

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