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Bitution 2 4 $44,000 $45,000 $41,000 $38,000 Lenne term (years) Annet's useful life (years) Annet's fair value Purchase option that is reasonably certain to be

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Bitution 2 4 $44,000 $45,000 $41,000 $38,000 Lenne term (years) Annet's useful life (years) Annet's fair value Purchase option that is reasonably certain to be exercised? Annual lease payments Locsora Implicit rate (known by losseo) London's inerenental borrowing rate Yes No They of y. And of ye. No Reg. of ye. 50 50 68 58 No And of ye. 60 58 58 Each of the four Independent situations above describes a lease requiring annual lease payments of $10,000. For each situation, determine the appropriate lease classification by the lessee. (EV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

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