Question: please help as fast u can !!! Click Submit to complete this assessment. Question 4 1.25 points Save Gazal Company leases a machine from Areen

please help as fast u can !!!  please help as fast u can !!! Click Submit to complete

Click Submit to complete this assessment. Question 4 1.25 points Save Gazal Company leases a machine from Areen Corp. under an agreement which meets the criteria to be a finance lease for Gazal. The six-year lease requires payment of $102,000 at the beginning of each year, including $15,000 per year for maintenance, insurance, and taxes. The incremental borrowing rate for the lessee is 10%; the lessor's implicit rate is 8% and is known by the lessee. The present value of an annuity due of 1 for six years at 10% is 4.79079. The present value of an annuity due of 1 for six years at 8% is 4.99271, Gazal should record the leased asset at: A $434,366. B. $416,799. DC. $488,661. D. $509,256. Question 4 of 4 Question 4 of 4

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