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Brief Exercise G-03 Skysong, Inc. signed a lease for an office building for a period of 12 years. Under the lease agreement, a security deposit

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Brief Exercise G-03 Skysong, Inc. signed a lease for an office building for a period of 12 years. Under the lease agreement, a security deposit of $7,000 is made. The deposit will be returned at the expiration of the lease with interest compounded at 7% per year. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount will Skysong, Inc. receive at the time the lease expires? (Round answer to 2 decimal places, e.g. 25.25.) Amount at the time the lease expires tudy Crane Company issued $920,000, 14-year bonds. It agreed to make annual deposits of $73,000 to a fund (called a sinking lund), which will be used to pay On the principal amount of the bond at the end of 14 years. The deposits are made at the end of each year into an account paying 6% annual interest. Click here to view the factor table. (For calculation purposes, use S decimal places as displayed in the factor table provided.) What amount will be in the sinking fund at the end of 14 years? (Round answer to 2 decimal places, e.g. 25.75.) Amount in the sinking fund $

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