P9-3 (Static) Computing Equal Periodic Debt Payments, and Completing a Schedule Log-2 Alimentex Inc. develops, manufactures, and markets a wide range of fruit and vegetablejuices and drinks as well as specialty food products, such as fondue broths and sauces, soups, gravies, pestos, and sauces for pasta and pizza. Use Table 8C.1, Table 8C2. (Round time value factor to 4 decimal places.) The company's longterm debt includes the following obligations: As of Dec. As of Dec. 31, 2622 31J 2621 LongTerm Debt (In thousands of dollars) 1. Obligation related to the acquisition of equipment, 5.5%, payable starting in December 2626 in eight equal annual blended instalments of $262J212 through 2627. $1,126 $1,316 2. Obligation under a lease for distribution equipmentJ 9.7%J payable starting in December 2621 in 11 equal semiannual blended instalments of $d4J998, through December 2826. 293 356 | Required: 1. Assume that the equipment related to the first obligation was acquired on January 1, 2020 and that the first payment of $262,212 was made on December 31, 2020. Verify that the carrying amount reported by the company as of December 31, 2022 represents the present value of the remaining annual payments. (Note: Tables 8C1 and 8C2 do not include the 5.5 percent interest rate. Use Microsoft Excel or a calculator to compute the present value of future payments.) (Enter your answer in dollars not in thousands of dollars rounded to the nearest whole dollar.) 2. How much interest will the company pay as part ofthe ve remaining instalments on the 5.5 percent obligation? (Hint You may nd it helpful to prepare a schedule similar to Exhibit 9.3, option 3.} {Enter your answer in dollars not in thousands of dollars rounded to the nearest whole dollar.) 4. Assume that the obligation under the lease was signed on July 1, 2021 and that the first semiannual instalment was made on December 30, 2021. Verify that the carrying amount reported by the company as of December 3'1, 2022 represents the present value of the remaining semiannual payments. Use a calculator or Microsoft Excel to compute the present value of future payments. {Enter your answer in dollars not in thousands of dollars rounded to the nearest whole dollar.)