4 CS Print Ferences Stone Company is facing several decisions regarding investing and financing activities. Address each decision independently. 1. On June 30, 2024, the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $22,000 on the purchase date and the balance in five annual installments of $5,000 on each June 30 beginning June 30, 2025. Assuming that an interest rate of 11% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? 2. Stone needs to accumulate sufficient funds to pay a $520,000 debt that comes due on December 31, 2029. The company will accumulate the funds by making five equal annual deposits to an account paying 7% interest compounded annually. Determine the required annual deposit if the first deposit is made on December 31, 2024. 3. On January 1, 2024, Stone leased an office building. Terms of the lease require Stone to make 10 annual lease payments of $132,000 beginning on January 1, 2024. An 11% interest rate is implicit in the lease agreement. At what amount should Stone record the lease liability on January 1, 2024, before any lease payments are made? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 On June 30, 2024, the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $22,000 on the purchase date and the balance in five annual installments of $5,000 on each June 30 beginning June 30, 2025. Assuming that an interest rate of 11% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? Note: Round your final answers to nearest whole dollar amount. Time values are based on: n = Show less 4 CS Slune ficcus to accumulate sumcient funds to pay a DJZU, deklinal comes due on DecemINTI JI, 20ZJ. Me company will accumulate the funds by making five equal annual deposits to an account paying 7% interest compounded annually. Determine the required annual deposit if the first deposit is made on December 31, 2024. 3. On January 1, 2024, Stone leased an office building. Terms of the lease require Stone to make 10 annual lease payments of $132,000 beginning on January 1, 2024. An 11% interest rate is implicit in the lease agreement. At what amount should Stone record the lease liability on January 1, 2024, before any lease payments are made? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of $1. PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Print Complete this question by entering your answers in the tabs below. Ferences Required 1 Required 2 Required 3 On June 30, 2024, the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $22,000 on the purchase date and the balance in five annual installments of $5,000 on each June 30 beginning June 30, 2025. Assuming that an interest rate of 11% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? Note: Round your final answers to nearest whole dollar amount. Time values are based on: n = i = Cash Flow Amount Present Value Installments Down Payment Value of the equipment Show less 4 5 nts 2. Slune recus to accumulate sumcient unius to pay a zv, dept mal coilies due on December 31, 2023. Mit company will accumulate the funds by making five equal annual deposits to an account paying 7% interest compounded annually. Determine the required annual deposit if the first deposit is made on December 31, 2024. 3. On January 1, 2024, Stone leased an office building. Terms of the lease require Stone to make 10 annual lease payments of $132,000 beginning on January 1, 2024. An 11% interest rate is implicit in the lease agreement. At what amount should Stone record the lease liability on January 1, 2024, before any lease payments are made? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of $1. PV of $1, EVA of $1, PVA of $1, EVAD of $1 and PVAD of $1) Print Complete this question by entering your answers in the tabs below. eferences Required 1 Required 2 Required 3 Stone needs to accumulate sufficient funds to pay a $520,000 debt that comes due on December 31, 2029. The company will accumulate the funds by making five equal annual deposits to an account paying 7% interest compounded annually. Determine the required annual deposit if the first deposit is made on December 31, 2024. Note: Round your final answers to nearest whole dollar amount. Table, Excel, or calculator function: Future Value: Table, Excel, or calculator function Annual deposit n = = Show less 5 4 ts Stunt fccus to accumulalt suficient runus to pay a JZ, DEPLINAL Comes que un DECEMBER 31, 2023. Mie com accumulate the funds by making five equal annual deposits to an account paying 7% interest compounded annually. D the required annual deposit if the first deposit is made on December 31, 2024. 3. On January 1, 2024, Stone leased an office building. Terms of the lease require Stone to make 10 annual lease payme $132,000 beginning on January 1, 2024. An 11% interest rate is implicit in the lease agreement. At what amount should record the lease liability on January 1, 2024, before any lease payments are made? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of $1. PV of $1, FVA of $1, PVA of $1. FVAD of $1 of $1) Print Complete this question by entering your answers in the tabs below. ferences Required 1 Required 2 Required 3 On January 1, 2024, Stone leased an office building. Terms of the lease require Stone to make 10 annual lease payments of $132,000 beginning on January 1, 2024. An 11% interest rate is implicit in the lease agreement. At what amount should Stone record the lease liability on January 1, 2024, before any lease payments are made? Note: Round your final answers to nearest whole dollar amount. Table, Excel, or calculator function: Payment: Liability n = i = Table, Excel, or calculator function Show less