Tipson archery construction is trying to determine how to classify a multi year lease they have just signed the lease requires a campaign meant of 6678 due at the beginning of each lease year.. The lease also contains an underground guaranteed residual value of 13360 the managers of GC are confident that this residual value will not have to be paid you are now tasked with performing the present value test your given 2 numbers from a different time value of money table and told that 1 of them is correct and the other is not the 2 numbers are 9.874 and 0.612 using what you know about these numbers what is the present value the lease payments for this list to be used in the 90% test