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25. The Harris Company is the lessee on a four-year lease with the following payments at the end of each ye b-1. If the lease

image text in transcribed 25. The Harris Company is the lessee on a four-year lease with the following payments at the end of each ye b-1. If the lease is a finance lease, what will be the initial value of the right-of-use asset? Initial value of the right-of-use asset b-2. If the lease is a finance lease, what will be the initial value of the lease liability? Initial value of the lease liability b-3. If the lease is a finance lease, what will be the lease expense shown on the income statement at the end of year 1 ? (Leave no cells blank - be certain to enter " 0 " wherever required.) b-4. If the lease is a finance lease, what will be the interest expense shown on the income statement at the end of year 1 ? (Round your answer to the nearest dollar amount.) b-5. If the lease is a finance lease, what will be the amortization expense shown on the income statement at the end of year 1 ? (Round your answer to the nearest dollar amount.) Amortization expense

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