7 Each of the four independent situations below describes a sales-type lease in which annual lease payments of $135,000 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 2 points Situation 1 4 8 9% 2 8 11% 3 9 10% 9 12% Lease term (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee eBook 0 0 $57,000 0 $8,700 $8,700 $57,000 $67,000 Print Determine the following amounts at the beginning of the lease: (Round your intermediate and final answer to the nearest whole dollar amount.) References Situation 2 3 4 A The lessor's: 1. Total lease payments 2. Gross investment in the lease 3. Net investment in the lease B The lessee's: 4. Total lease payments 5. Right-of-use asset 6. Lease liability