BEZ1 - 4 HLOT, 41 blequan Inc . wishes to lease machinery to Thiensville Company . Thiensville wants the machinery for 4 years , although it has a useful life of 10 Years . The machinery has a fair value at the commencement of the lease of $47, TOO, and Mequon Expects the machinery to have a residual value at the End of the lease term of $30, 0JO However , ThiEnaville does not quarantEE _any part of the residual value . Thiensville DOES Expect that the residual value Will be $ 45, GOD instead of $30, OOO. What would be the amount of the annual rental payments Mequon demands of ThiEnaVille , assuming Each payment will be made at the End of Each year and Mequon Wishes to Earn a rate of return on the lease of $590