Brief Exercise 15-7 (Algo) Sales-type lease; lessor; calculate lease payments (LO15-3] Manning Imports is contemplating an agreement to lease equipment to a customer for two years. Manning normally sells the asset for a cash price of $210,000. Assume that 12% Is a reasonable rate of interest. (PV of $1. PV of $1. FVA of $1. PVA of S1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What must be the amount of quarterly lease payments (beginning at the commencement of the lease) in order for Manning to recover its normal selling price as well as be compensated for financing the asset over the lease term? (Round your answers to nearest whole number and round percentage answer to 1 decimal place.) 0:51:42 PV factors based on Table or Calculator function PV of Lease Hook Lease Payment