accounting

years and 10. on January 1, 2017 Amman Co. leased machinery from Jordan co. The lease term 4 requires lease payments of $43,019 are made at the beginning of each year. The present value of lease payments $150,000. an estimated useful life of 4 years and no residual value. straight-line depreciation. The appropriate interest rate is 10% The reduction of lease liability in first payment is * (2 Points) 0