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4 Each of the four independent situations below describes a sales-type lease in which annual lease payments of $100,000 are payable at the beginning of

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4 Each of the four independent situations below describes a sales-type lease in which annual lease payments of $100,000 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of S1.PV of S1, FVA of Si. PVA of SI FVAD of $1 and PVAD of (Use appropriate factor(s) from the tables provided.) points Lease tem (years Lessor's and lessee's interest rate Residual valuei 9% 101 50,000 8,000 50,000 tatinated fair value Guaranteed by lessee 58,000 $60,000 Determine the following amounts at the beginning of the lease. (Round your intermediate and final answers to the nearest whole dollar amount.) Print References A The lessor's: S 700,000 700,000$80000S 760 1. Lease payments 2. Gross investment in the lease 3. Net investment in the lease 00.000 50,000 548.592 547.137 68 596,764 B The lessee's 4. Lease payments 5. Right-ofl-use asset 6. Lease payable 750,000 547.137 547,137 840,000 572,531 572,531 548.592 586.842 548,592 586.842

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