Question: Couldn't solve the two with Red X's i eztomheducallcnicom e |':a'_ Chapter 15 0 Saved Check my work mode : This shows wha correct or

Couldn't solve the two with Red X's

Couldn't solve the two with Red X's i eztomheducallcnicom e |':a'_ Chapter

i eztomheducallcnicom e |':a'_ Chapter 15 0 Saved Check my work mode : This shows wha correct or incorrect for the work you have completed so far. II does not ind Each ofthe four independent situations below describes a sales-type lease in which annual lease payments of $160,000 are payable at the beginning of each year. Each is a nance lease for the lessee. [FV of $_1, PV of $1, FVA of $1, PVA of $_1, FVAD of $_1 and PVAD of $1) [Use appropriate factorial from the tables provided.) 'ICI points Situation 1 Z 3 4 Lease term (years) 9 9 11a 18 Lessor's and lessee's interest rate 9% 11% 16% 12% Residual value: Estimated fair value 6 $62,686 $9,260 $62,668 Guaranteed by lessee B 6 $9,260 $72,666 Determine the following amounts at the beginning of the lease: (Round your intermediate and final answer to the nearest whole dollar amount.) 0 Answer is complete but not entirely correct. A The lessor's: $ 5 1. Total lease paymenls 1,440,000 0 $ 1,440,000 0 5 1,500,000 0 1,600,000 9 1:33;\" '"Ves'mem '\" \"'9 1,440,000 0 1,502,000 9 1,500,200 0 1,572,000 9 3. Net investment in the lease 1045,5710 1,007,516 9 1,034,990 9 1,035,?02 0 B The lessee's 4. Total lease payments 1,440,000 0 1,440,000 9 1,600,000 9 1,610,000 9 5. Right-atuse asset 1,045,571 0 983,319 9 1,031,443 9 1,045,202 6 5. Lease liability 1,045,5710 933,379 9 1,031,443 9 1,032,402 0

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