10. On Jan. 1, 2018, Jan computer from PSU Company (lessor). Fair value of the comp 2018. The computer five years and a $5,000 residual 80,000 PSU Company) entered into a five-year, noncancellable contact to lease a $80,000. Annual rentals are to be paid each Jan. 1, starting Jan is $100,000 while PSU's cost is 1 2018. The computer has a useful life of value. PSU used PV Annuity Due a rate of 10% in setting annual rentals. PV Single Sum 10%, 5 periods 4.16987 0.62092 Calculate the annual lease payment: a. $19,185. b. $17,986. c. $23,237 d. $23,982 11. Roman Company leased equipment from Koenig Company on January 1,2018, for an eight-year period. Equal annual payments under the lease are $300,000 and are due on January 1 of each year. The first payment was made on January 1, 2018. The rate of interest contemplated by Roman and Koenig is 8%. The present value of the lease payments is $1,861,875 and the cost of the equipment on Koenig's accounting records was $1,650,000. Assuming that the lease is appropriately recorded as a sales-type for accounting purposes by Koenig, what would Koenig record for this lease arrangement for the year ended December 31, 2018 assuming a zero residual value at the end of the lease? a. S0 dealer's profit and S0 depreciation expense b. SO dealer's profit and $232,734 depreciation expense c. $211,875 dealer's profit and SO depreciation expense d. $211,875 dealer's profit and $232,734 depreciation expense