Question: Calculating a Lease Inducement Schedule using the following data: - Leased floor sq ft: 7,859 sq ft - One time Leasehold Improvement Allowance of $52

Calculating a Lease Inducement Schedule using the following data:

- Leased floor sq ft: 7,859 sq ft

- One time Leasehold Improvement Allowance of $52 per square foot

- Period 1 from October 1, 2024 to March 31, 2026: Annual Amount $94,308; Monthly Instalment $7,859

- Period 2 from April 1, 2026 to March 31, 2029: Annual Amount $110,026; Monthly Instalment $9,168.83

- Period 3 from April 1, 2029 to March 31, 2031: Annual Amount $117,885; Monthly Instalment $9,823.75

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