A lease calls for 8 payments of $25,000 every January 1, starting in 2022. Discounted at the appropriate rate of 12%, the present value of these payments is $139,094. Right of use amortization in 2022 is if the lease is an operating lease and ...... if the lease is a finance lease (where necessary, assume straight line with no salvage value). $13,691; $14,262 $17,387; $17,387 $11,309; $17,387 $8,309; $14,262