4 med 15 exercise

Each of the four independent situations below describes a finance lease in which annual lease payments are payable at the beginning of each year. The lessee is aware of the lessor's implicit rate of retum. Note: Use tables, Excel, or a financial calculator. (EV of \$1. PV of \$1. EVA of \$1. PVA of \$1. FVAD of \$1 and PVAD of S1) Required: o. \& b. Determine the amount of the annual lease payments as calculated by the lessor and the amount the lessee would record as a right-of-use asset and a lease liability, for each of the above situations. Note: Round your onswers to the nearest whole dollar amount