5-2 https/ tion.com Chapter 15 6 Saved nt that qualifles as a finance lease calls for annual lease payments of $20,000 over a five-year lease term (also the A lease agre asset's useful life, with the first payment at January 1, the beginning of the lease. The interest rate is 5% FV of $1 PV of $1 FVA of $1 1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required a. Complete the amortization schedule for the first two payments. b. If the lessee's fiscal year is the calendar year, what would be the amount of the lease liability that the lessee balance sheet at the end of the first year? What would be the interest payable? Complete this question by entering your answers in the tabs below. Complete the amortization schedule for the first two payments. (Enter all a Date 01/01/2016 01/01/2016 01/01/2017 e to search