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Blossom Corp. is a manufacturer of truck trailers. On January 1 , 2 0 2 5 , Blossom leased ten trailers to Nash Company under

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Blossom Corp. is a manufacturer of truck trailers. On January 1,2025, Blossom leased ten trailers to Nash Company under a five-year
noncancelable lease agreement. The following information about the lease and the trailers is provided:
Equal annual payments that are due on January 1 each year provide Blossom with an 8% return on net investment (the
present value factor on an annuity due for 5 periods at 8% is 4.31213). The first payment will be made January 1,2025.
Titles to the trailers pass to Nash at the end of the lease.
The fair value of each trailer is $45,000. The cost of each trailer to Blossom is $40,500. Each trailer has an expected useful life
of nine years.
Collectibility of the lease payments is probable.
Click here to view factor tables.
make an amortizaiton table for this please
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