AC 313 Excel Assignment #1 Spring 2018- Due March 6, 2018 Requirement: Use the following information to prepare a lease amortization schedule for the lessee, assuming that it is a capital lease. American Food Services, Inc., leased a packaging machine from Barton Corporation on January 1, 2018. The present value of the rent payments for the machine is $4,000,000, which will be paid in 48 equal monthly payments starting on January 1, 2018. There are no other payments stated in the lease agreement. An interest rate of 10% should be used to calculate the rent payments