On September $1,2024,$ a company decides to lease office space in a building. The building's owner offers the company the following options, with the first monthly payment beginning September $30,2024$:

Sign a two$-$year lease with monthly payments of $$6,400.$

Sign a three$-$year lease with monthly payments of $$6,150.$

Sign a four$-$year lease with monthly payments of $$5,900.$

Required:

For each option, calculate the present value of the lease payments using an interest rate of $6\%.($Hint: Use a financial calculator or Excel.$)$

Record each lease on September $1,2024.$

For which option is the lease payable recorded for the highest amount?

Complete this question by entering your answers in the tabs below.

Required $1$

Required $3$

For each option, calculate the present value of the lease payments using an interest rate of $6\%.($Hint: Use a financial calculator or Excel.$)($Round to the nearest whole dollar. Do not round intermediate calculations.$)$

$\backslash$table$[[$Option $1,],[$Option $2,],[$Option $3,]]$