- x O m Intermediate Accounting IC Intermediate Accounting by c Get Homework Help With SAUSO4. An200408125 x + V 0 file:///C:/Users/Chris/AppData/local/Packages/Microsoft Microsoft Edge_Bucky3dhbwe/CompState/Downloads/SBUS044 20 Carvas Spotty Robinhood 20120040812590420(1).pdf Email 08 Lane Co. has a machine that cost $200,000. It is to be leased for 20 years with rent received at the beginning of each year. Lane wants a return of 10%. Calculate the amount of the annual rent. Present Value of Period Ordinary Annuity 19 8.36492 8.51356 8.64869 a. $21,356 b. $23,909 c. $29,728 d. $23,492 20 Find the present value of an investment in plant and equipment if it is expected to provide 29 annual earnings of $21,000 for 15 years and to have a resale value of $40,000 at the end of that period. Assume a 10% rate and earnings at year end. The present value of 1 at 10% for 15 periods is 23939. The present value of an ordinary annuity at 10% for 15 periods is 7.60608. The future value of 1 at 10% for 15 periods is 4.17725. 0160720 Type here to search AD ING 12:13 PM HA 4/11/2020 19