4. If the lease contract stipulates that the lessee shall return the subject matter of the lease to the lessor on the expiry date of the lease, the number of depreciation years taken by the lessee for the right-of-use asset shall be: (1) Depreciation is accrued over the lease period. (2) Depreciation is accrued based on the remaining economic life of the underlying assets. (3) Depreciation is accrued based on the lower of the remaining economic life of the underlying asset or the lease term. (4) Depreciation is accrued based on the higher of the remaining economic life of the underlying asset or the lease term. 5. Xiao Company leased an office building to Renai Company on January 1, 2018. The lease period is 6 years, and a fixed rent of $150,000 is charged at the beginning of each year. Renai Company shall return the lease object to Zhongxiao Company, Renai Company shall not No guarantee of residual value is provided. The implied interest rate of Zhongxiao Company's lease is 8% (but Ren'ai Company cannot know it); Ren'ai Company's incremental borrowing rate is 10%. The present value factor of 8%, 5-year ordinary annuity is 3.99271; the present value factor of 10%, 5-year ordinary annuity is 3.79079. The amount of right-of-use assets that Renai Company should recognize on January 1, 2018 is: (1)568,619 (2)598,907 (3)718,619 (4)748,907 6. According to the above question, if Zhongxiao Company requires Ren'ai Company to restore the leased subject matter when the lease expires, Ren'ai Company estimates that the restoration cost will be $60,000 on the start date of the lease. In addition, Ren'ai Company will also pay an agency fee of $5,000 to the housing agency. Let's ask the depreciation expense that Renai Company should recognize in 2018: (1) 135,651 (2) 130,603 (3) 119,770 (4) 105,603 7. Regarding the lessor's financial lease statement, which of the following is correct: (1) Fixed lease payments received annually under finance leases shall be recognized as rental income. (2) Direct financial leasing and financial leasing of manufacturers and distributors will generate gross profit (loss) on the lease commencement date. (3) The interest income recognized by the direct finance lease and the manufacturer and distributor finance lease is the same every year. (4) The original direct costs incurred in direct finance leases and manufacturer and distributor finance leases are recognized as expenses on the lease commencement date. 8. Which of the following is wrong in the statement about the financial leasing of the manufacturer and the distributor: (1) Assets leased should be deducted. (2) The fair value of the leased assets should be recognized as sales revenue. (3) The amount of lease payments receivable by the lessor is the same regardless of whether there is an unguaranteed residual value. (4) The amount of gross profit on sales is the same regardless of whether there is an unguaranteed residual value. 9. On January 1, X6, Heping Company leased a machine in the form of financial lease. The lease term and service life are both 10 years. Since the signing date, the fixed rent of $120,000 will be paid on January 1 each year. When the lease period expires, Heping Company must Return the machine to the lessor with a guarantee of the residual value of the machine. The lessors lease implied interest rate is 8%, and it is known to Heping Company. If the amount of the lease liability after the payment of the rent on the signing date is $754,259, the lease liability amount on December 31, X6 is classified as non-current liabilities. for: (1) $754,259 (2) $694,600 (3) $634,259 (4) $120,000

According to the above question, the expected payment amount under the guaranteed residual value of the leased machinery and equipment on the start date of the lease of Heping Company is: (1)$0 (2)$5,000 (3)$6,000 (4)$10,000

Number of Phases 3 4 5 6 7 8 9 10 12%, $1 compound interest present value 0.711780 0.635518 0.567427 0.506631 0.452349 0.403883 0.360610 0.321973 12%, $1 Ordinary Annuity Present Value 2.401831 3.037349 3.604776 4.111407 4.563757 4.967640 5.328250 5.650223 10%, $1 compound interest present value 0.751315 0.683013 0.620921 0.564474 0.513158 0.466507 0.424098 0.385543 10%, $1 ordinary annuity present value 2.486852 3.169865 3.790787 4.355261 4.868419 5.334926 5.759024 6.144567 8%, $1 compound interest present value 0.793832 0.735030 0.680583 0.630170 0.583490 0.540269 0.500249 0.463193 8%, $1 Ordinary Annuity Present Value 2.577097 3.312127 3.992710 4.622880 5.206370 5.746639 6.246888 6.710081