please the two questions below

Chapter 17 - Leases a computer to LES which cost the lessor $8,000. The terms of the lease specify four n annual interest rate of 15 percent, and four year-end rental payments. The lease qualifies anance lease (direct financing). The lessor will get the computer after the fourth year and its ual value at that time is estimated to be $1,000. The amount of each rental payment is (round to the nearest dollar): A) $2,000 B) $2,335 C) $2,501 D) $2,602 Ans: D Difficulty: Medium Level of Learning: Application Topic: LOT supewa 122. LAS owns a building in North Bay. LAS enters into an agreement with BH as follows: LAS sells the building to BH for $2,900,000 and immediately leases it back for $500,000 per year for 10 years. The historical cost of the building was $9,000,000 and accumulated amortization amounted to $7,000,000. Part of the journal entry to record these transactions includes: A) credit to building for $2,000,000 B) credit to deferred gain for $2,000,000 C) credit to gain on sales for $2,000,000 D) credit to lease liability for $5,000,000 Ans: B Difficulty: Medium Level of Learning: Knowledge Topic: L04