Please show work as i do not understand how to get the correct answer.

Each of the four independent situations below describes a sales-type lease in which annual lease payments of $13,000 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, EVA of $1, PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 1 2 3 4 Lease term (years) Asset's useful life (years) Lessor's implicit rate (known by lessee) 4 4 4 4 4 5 5 7 10% 10% 10% 10% Residual value: $5,200 $2,600 $2,600 Guaranteed by lessee 0 0 $5,200 Unguaranteed Purchase option: After (years) Exercise price 0 0 4 none n/a $7,600 $1,600 $3,600 n/a Reasonably certain? no no yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.) XAnswer is not complete. Situation 3 4 1 2 The lessor's: A. $ 52,000 52,000X Lease payments 1 57,200 57,200 Gross investment in the 2. 62,400 52,000 57,200 lease 3 Net investment in the lease 45,329 48,880 The lessee's: . Lease payments 4. 52,000 57,200 Right-of-use asset 45,329 5 48,880 48,880(X Lease payable 6 45,329 Each of the four independent situations below describes a sales-type lease in which annual lease payments of $13,000 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, EVA of $1, PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 1 2 3 4 Lease term (years) Asset's useful life (years) Lessor's implicit rate (known by lessee) 4 4 4 4 4 5 5 7 10% 10% 10% 10% Residual value: $5,200 $2,600 $2,600 Guaranteed by lessee 0 0 $5,200 Unguaranteed Purchase option: After (years) Exercise price 0 0 4 none n/a $7,600 $1,600 $3,600 n/a Reasonably certain? no no yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.) XAnswer is not complete. Situation 3 4 1 2 The lessor's: A. $ 52,000 52,000X Lease payments 1 57,200 57,200 Gross investment in the 2. 62,400 52,000 57,200 lease 3 Net investment in the lease 45,329 48,880 The lessee's: . Lease payments 4. 52,000 57,200 Right-of-use asset 45,329 5 48,880 48,880(X Lease payable 6 45,329