PRINTER VERSION BACK Brief Exercise 21A-9 Splish Brothers Inc. wishes to lease machinery to Thiensville Company. Thiensville wants the machinery for 4 years, although it has a useful life of 10 years. The machinery has a fair value at the commencement of the lease of $56,000, and Splish Brothers expects the machinery to have a residual value at the end of the lease term of $26,000. However, Thiensville does not guarantee any part of the residual value. Thiensville does expect that the residual value will be $54,000 instead of $26,000. What rate of return on the lease of 69%7 (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to O decimal places, e.g. 5,275.) Click here to view the factor table. Amount of eoqusl annuat loase payments, Click if you would like to Show Work for this question: Open Show. Work