BE18.3 (similar to) Question Help Isanti Digital Solutions signed a 4-year lease at the beginning of the current year. The leased equipment has an economic life of 10 years and a fair value of $1,900. Under the terms of the lease, Isanti is required to pay $530 on January 1 of each year. There is no purchase option, and Isanti must return the equipment at the end of the lease term. Isanti does not know the lessor's implicit rate but recently borrowed at 8% under a 4-year loan agreement. Should Isanti account for this lease as an operating or a finance lease? (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordina Annuity table.) (Click the icon to view the Present Value of an Annuity table.) Before completing the requirement, identify the present value of the lease payments. (Use the present value and future value tables, the formula method, a finan calculator, or a spreadsheet for your calculation. If using present and future value tables or the formula method, use factor amounts rounded to five decimal place X.XXXXX. Round your final answer to the nearest whole dollar.) The present value (PV) of the payments due under the lease is $