Please answer all the questions (case 1-4) and show the solution in good accounting form. Thank you!

Problem 1: OPERATING LEASE CASE 1: On September 1, 2021, AYE Company entered into one-year nonrenewable lease, commencing on that date, for an office space and made the following payments to XYZ Properties: Bonus to obtain lease - P 120,000 First month's rent - # 40,000 Last month's rent - P 40,000 The lease is considered "Short-term lease" in its income statement for the year ended Dec. 31, 2021. 1. What amount should AYE report as rent expense for the year ended, December 31, 2021? CASE 2: On January 1, 2021, BEE Corporation signed a 3-year operating lease for various office furniture and equipment at $300,000 per year. The lease included a provision for additional rent of 5% of annual company sales in excess of $2,000,000. BEE's sales for the year ended Dec. 31, 2021 were P2,500,000. Upon execution of the lease, BEE Corporation paid $100,000 as a bonus for the lease 2. What is BEE's rent expense for the year ended December 31, 2021 if the lease is considered a "Low value lease"? CASE 3: As an inducement to enter a lease, CEE Company, a lessor, grants ABC Management Corporation, a leaseholder, nine months of free rent under a two-year operating lease for its office furniture and equipment. The lease is effective on Feb. 1, 2021 and provides for monthly rental of $30,000 to begin November 1, 2021. 3. If the lease is considered "Low value lease", what amount of accrued rent should CEE Company report in its December 31, 2021 statement of financial position? CASE 4: On September 1, 2021, DHI Sound System Company leased office furniture and equipment at a monthly rental of P40,000 for 3 years expiring August 31, 2024. As an inducement for DHI to enter into lease, the lessor permitted DHI to use the asset rent-free from September 1 to November 30, 2021. 4. For the year ended December 31, 2021, how much TOTAL expense should DHI record related to the leased asset