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APPENDIX TABLE 1 Discount factors: Present value of $1 to be received after tyears 1/(1+nt. APPENDIX TABLE 3 Annuity table: Present value of $1 per

image text in transcribedimage text in transcribed APPENDIX TABLE 1 Discount factors: Present value of $1 to be received after tyears 1/(1+nt. APPENDIX TABLE 3 Annuity table: Present value of $1 per year for each of t years 1/r1/[r(1+r))2]. Listed below are selected financial data for Purple Corporation and the company's operating lease disclosure (all amounts in thousands). The company's tax rate is 35%. Operating Lease Commitments at the end of 2012 As an analyst, you have decided to restate the company's operating leases into capital leases. Using the information in the operating lease disclosure and assuming that the company has an incremental borrowing rate for secured debt of 8%, restate the operating leases into capital leases and calculate the adjusted values of the following as of the end of 2012: a. Plant, Property and Equipment. b. Long-Term Debt (It is not necessary to split this into Current and Non-Current Portions). c. Shareholders' Equity

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