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I can’t figure out some of the inputs for situation #4
Each of the four independent situations below describes a sales-type lease in which annual lease payments of $195 , 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 . FVAD Of $1 and PVAD Of$1) ( Use appropriate factor ( s ) from the tables provided . )Situation124Lease term ( years )8896LESSon’ s and lessee’s interest rate1 1%10%9%612%Residual value :`Estimated fair value$ 69 , 80 0$9, 90 0$ 69 , 800Guaranteed by lesser$9 , 90 0$ 79 , 800Determine the following amounts at the beginning of the lease ( Round your intermediate and final answer to the nearest whole*dollar amount . ) :Situation234AThe lessor’s .1 . Lease payments$ 1, 560,000| $1, 560 , 000| $|1 , 755 , 000| $ 1, 765, 0002. Gross investment in the lease1, 560,0001, 6:29,0001 , 764, 9001. 834, 0003 . Net investment in the lease1 , 1 13, 8791 , 176,531)1 , 278, 848BThe lessee’s ?4. Lease payments1, 560, 0001 , 560, 000|1 , 755 ,0001 , 765,0005 . Right- of – use asset1 , 1 13, 87.91 , 144 , 3421 , 274, 2906. Lease payable1 , 113, 87.91 , 144 , 3421 , 274 , 290
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