Question: Please help with last column, every answer ive tried is incorrect. Each of the four independent situations below describes a sales-type lease in which annual

Please help with last column, every answer ive tried is incorrect.

Please help with last column, every answer ive tried is incorrect. Each

Each of the four independent situations below describes a sales-type lease in which annual lease payments of $170,000 are payable at the beginning of each year. Each is a finance 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 factor(s) from the tables provided.) 0.5 points Situation 1 2 3 4 11% 10% 8% 12% eBook Lease term (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee 0 $64,000 $9,400 $9,400 $64,000 $74,000 Print References Determine the following amounts at the beginning of the lease (Round your intermediate and final answer to the nearest whole dollar amount.): Situation The lessor's $ $ 1,190,000 1,190,000 889,192 $ 1,190,000 1,254,000 943,236 1,360,000 1,369,400 1,060, 161 1. Lease payments 2. Gross investment in the lease 3. Net investment in the lease The lessee's 4. Lease payments 5. Right-of-use asset 6. Lease payable 1,190,000 1,360,000 1,190,000 889,192 889, 192 910.394 1,055,085 1,055,083 910,394

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