0 Requlred Informetlon IThe following information applies to the questions displayed below Rogers Company signs a five-year capital lease with Packer Company for office equipment. The annual year-end lease payment is $24,000, and the interest rate is 7%. ClableBI. TableB2. TableB3. and Table B4) (use appropriate factor(s) from the tables provided.) 1. Complete the below table to calculate the present value of Rogers's five-year lease payments. Lease Payment Amount Present value of lease payments PV Factor Required Informatlon The following Information applies to the questions displayed below Rogers Company signs a five-year capital lease with Packer Company for office equipment. The annual year-end lease payment is $24,000, and the interest rate is 7%.dableBI. Table B2 Table B,3, and Table 24) (use appropriate factor(s) from the tables provlded.) 2. Prepare the Journal entry to record Rogers's capital lease at its Inception. View transaction list Journal entry worksheet Record the capital lease of office equipment. Note: Enter debits before credits. Debit Credit Transaction General Journal Record entry Clear entry View general journal 0 Requlred Informatlon The following information applies to the questions displayed below Rogers Company signs a five-year capital lease with Packer Company for office equlpment. The annual year-end lease payment is $24,000, and the Interest rate is 7%. Table B1. Table B.2. Table B.3, and Table B.4) (Use appropriete factor s) from the tables provided.) 3. Complete a lease payment schedule for the five years of the lease with the following headings. Assume that the beginning balance of the lease liablity is the present value of lease payments. Ending Balance of Beginning Period Ending Balance of Lease Liability Lease LiatyP Cash Lease Interest on Reduction of Date Year 1 Year 2 Year 3 Year 4 Year 5 Total Payment Lease Liability 0 Required Informatlon The following Information applies to the questions displayed below.] Rogers Company signs a five-year capital lease with Packer Company for office equlpment. The annual year-end lease payment is $24,000, and the interest rate is 7%.(Table B1 Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provlded.) 4. Use straight-lIne depreciation and prepare the journal entry to depreciate the leased asset at the end of year 1. Assume zero salvage value and a five-year life for the office equipment. View transaction list Journal entry worksheet Record the annual depreciation expense on the office equipment at the end of year 1. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general joumal