Computing Lease Payment, Lease Receivable$-$Sales$-$Type Lease

Information for four separate sales$-$type lease scenarios is provided in the following table.

Complete the table by computing the lessor's annual fixed lease payment and the balance of the lease receivable at the commencement of the lease.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline & A & B & c & D $\backslash \backslash$

$\backslash$hline Lessor's desired rate of return & $6\backslash \%$ & $7\backslash \%$ & $8\backslash \%$ & $7\mathrm{.}5\backslash \%\backslash \backslash$

$\backslash$hline Lease term $($years$)$ & $5$ & $8$ & $5$ & $8\backslash \backslash$

$\backslash$hline Fair value of underlying asset & $\backslash$$$100,000$ & $\backslash$$$45,000$ & $\backslash$$$275,000$ & $\backslash$$$18,000\backslash \backslash$

$\backslash$hline Beginning or end of year payments & Beginning & Beginning & Beginning & End $\backslash \backslash$

$\backslash$hline Guaranteed residual value & $\backslash$$$10,000$ & $\backslash$$$0$ & $\backslash$$ $25,000$ & $\backslash$$$0\backslash \backslash$

$\backslash$hline Expected fair value of the residual & $\backslash$$$10,000$ & $\backslash$$$2,500$ & $\backslash$$$10,000$ & $\backslash$$$0\backslash \backslash$

$\backslash$hline Lease payment & $\backslash$$ $20,722$ v & $\backslash$$ $6,815$ v & $\backslash$$ $59,828$ v & $\backslash$$ $3,073$ v $\backslash \backslash$

$\backslash$hline Lease receivable & $\backslash$$ $\backslash (92,527\backslash$times $\backslash )$ & $\backslash$$ $\backslash (43,545\backslash$times $\backslash )$ & $\backslash$$ $257,985$ x & $\backslash$$ $18,000$ v $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$