C. Based on the original fact pattern, record the lease on Shamrock's books at the date of commencement

D. Record the first months lease payment (at commencement of the lease)

E. Record the second months lease payment

F. Record the first months amortization on Shamrock's books (assume straight-line)

Present Value of 1 (Present Value of a Single Sum) PVFn,i = vion = (1 + 1) " (n) Periods 4% 5% 6% 2% .98039 .96117 .94232 .92385 .90573 212% .97561 .95181 .92860 .90595 .88385 3% .97087 .94260 .91514 .88849 .86261 .96154 .92456 .88900 .85480 .82193 .95238 .90703 .86384 .82270 .78353 .94340 .89000 .83962 .79209 .74726 .88797 .87056 .85349 .83676 .82035 .86230 .84127 .82075 .80073 .78120 .83748 .81309 .78941 .76642 .74409 .79031 .75992 .73069 .70259 .67556 .74622 .71068 .67684 .64461 .61391 .70496 .66506 .62741 .59190 .55839 .80426 .78849 .77303 .75788 .74301 .76214 .74356 .72542 .70773 .69047 .72242 .70138 .68095 .66112 .64186 .64958 .62460 .60057 .57748 .55526 .58468 .55684 .53032 .50507 48102 .52679 .49697 .46884 .44230 .41727 .72845 .71416 .70016 .68643 .67297 .67362 .65720 .64117 .62553 .61027 .62317 .60502 .58739 .57029 .55368 .53391 .51337 .49363 .47464 .45639 .45811 .43630 .41552 .39573 37689 .39365 .37136 .35034 .33051 .31180 .65978 .64684 63416 .59539 .58086 56670 .53755 .52189 50669 43883 42196 40573 .35894 .34185 32557 29416 .27751 26180 .53755 .43883 .42196 52189. .65978 .64684 .63416 .62172 .60953 .59539 .58086 .56670 .55288 .53939 .50669 40573 .35894 .34185 .32557 .31007 .29530 .29416 .27751 .26180 .24698 .23300 49193 47761 .39012 .37512 .59758 .58586 .57437 .56311 .55207 .52623 .51340 .50088 46369 45019 .36069 .34682 .33348 .32065 .28124 .26785 .25509 .24295 .23138 .21981 .20737 .19563 .43708 18456. 48866 47674 42435 41199 30832. .17411 46511 .45377 .54125 .53063 .52023 .51003 .50003 44270 43191 42137 .39999 .38834 .37703 .36604 .35538 .29646 .28506 .27409 .26355 .25342 .22036 .20987 .19987 .19035 .18129 .16425 .15496 .14619 .13791 .13011 .49022 .41109 40107 48061 47119 46195 .34503 .33498 .32523 .31575 .30656 .39128 .38174 .37243 .24367 .23430 .22529 .21662 .20829 .17266 .16444 .15661 .14915 .14205 .12274 .11579 .10924 .10306 .09722 39 .45289 8% 9% .91743 .84168 .77218 .70843 .64993 .92593 .85734 .79383 .73503 .68058 16% .90909 .82645 .75132 .68301 .62092 11% .90090 .81162 .73119 12% .89286 .79719 .71178 15% (n) Periods .86957 1 .756142 .657523 . 65873 . 63552 571754. 49718 .59345 .56743 .63017 .59627 .56447 .53464 .50663 .43233 _6 163017 158349 154027 150025 146319 1.59627 154703 150187 146043 142241 .56447 151316 146651 142410 138554 .53464 1.48166 .43393 139092 35218 .50663 1.45235 140388 136061 132197 .43233 137594 132690 128426 124719 6789 | 10 1 12 142888 139711 136770 134046 1.31524 138753 135554 132618 129925 127454 .35049 131863 128966 126333 123939 131728 1.28584 125751 1.23199 120900 128748 125668 1.22917 120462 1.18270 .21494 1.18691 .16253 .14133 .12289 13 14 15 | 16 129189 127027 125025 123171 121455 1.25187 123107 121199 1.19449 17843 1.21763 .19785 1.17986 .16351 .14864 .18829 16963 15282 13768 .12403 1.16312 14564 13004 .11611 .10367 10687 .09293 .08081 107027 106110 19866 .18394 17032 .15770 .14602 .16370 15018 1.13778 .12641 11597 .13513 .12285 1.11168 .10153 1.09230 .11174 .10067 1.09069 1,08170 1.07361 1.09256 .08264 1.07379 .06588 1.05882 1.05313 1.04620 1.04017 1.03493 103038 De9%a8% w889 .13520 1.12519 11591 .10733 109938 10639 1.09761 1.08955 .08216 .07537 108391 1.07628 1.06934 106304 105731 106631 1.05974 .05382 1.04849 104368 105252 104689 1.04187 1,03738 1.03338 102642 102297 .01997 .01737 .01510 .09202 1.08520 1.06915 1.06344 .05210 .04736 .03935 .03545 .02980 .02661 .01313 .01142 31 32 Present Value of an Annuity Due of 1 (1+1)n-1 (n) Periods 6% 2% 1.00000 1.98039 2.94156 3.88388 4.80773 PVF-ADn;= 1 + 2A2% 3% 1.00000 1.00000 1.97561 1.97087 2.92742 2.91347 3.85602 3.82861 4.76197 4.71710 4% 1.00000 1.96154 2.88609 3.77509 4.62990 5% 1.00000 1.95238 2.85941 3.72325 4.54595 1.00000 1.94340 2.83339 3.67301 4.46511 5.71346 6.60143 7.47199 8.32548 9.16224 5.64583 6.50813 7.34939 8.17014 8.97087 5.57971 6.41719 7.23028 8.01969 8.78611 5.45182 6.24214 7.00205 7.73274 8.43533 5.32948 6.07569 6.78637 7.46321 8.10782 5.21236 5.91732 6.58238 7.20979 7.80169 9.98259 10.78685 11.57534 12.34837 13.10625 9.75206 10.51421 11.25776 11.98319 12.69091 9.53020 10.25262 10.95400 11.63496 12.29607 9.11090 9.76048 10.38507 10.98565 11.56312 8.72173 9.30641 9.86325 10.39357 10.89864 8.36009 8.88687 9.38384 9.85268 10.29498 13.84926 14.57771 15.29187 15.99203 16.67846 13.38138 14.05500 14.71220 15.35336 15.97889 12.93794 13.56110 14.16612 14.75351 15.32380 12.11839 12.65230 13.16567 13.65930 14.13394 11.37966 11.83777 12.27407 12.68959 13.08532 10.71225 11.10590 11.47726 11.82760 12.15812 9% 11% (n) Perio 1 8% 1.00000 1.92593 2.78326 3.57710 4.31213 1.00000 1.91743 2.75911 3.53130 4.23972 10% 1.00000 1.90909 2.73554 3.48685 4.16986 1.00000 1.90090 2.71252 3.44371 4.10245 12% 1.00000 1.89286 2.69005 3.40183 4.03735 15% 1.00000 1.86957 2.62571 3.28323 3.85498 Mtu a 4.99271 5.62288 6.20637 6.74664 7.24689 4.88965 5.48592 6.03295 6.53482 6.99525 4.79079 5.35526 5.86842 6.33493 6.75902 4.69590 5.23054 5.71220 6.14612 6.53705 4.60478 5.11141 5.56376 5.96764 6.32825 4.35216 4.78448 5.16042 5.48732 5.77158 7.71008 8.13896 8.53608 8.90378 9.24424 7.41766 7.80519 8.16073 8.48690 8.78615 7.14457 7.49506 7.81369 8.10336 8.36669 6.88923 7.20652 7.49236 7.74987 7.98187 6.65022 6.93770 7.19437 7.42355 7.62817 6.01877 6.23371 6.42062 6.58315 6.72448 9.55948 9.85137 10.12164 10.37189 10.60360 9.06069 9.31256 9.54363 9.75563 9.95012 8.60608 8.82371 9.02155 9.20141 9.36492 8.19087 8.37916 8.54879 8.70162 8.83929 7.81086 7.97399 8.11963 8.24967 8.36578 6.84737 6.95424 7.04716 7.12797 7.19823 10.81815 11.01680 11.20074 11.37106. 11.52876 10.12855 10.29224 10.44243 10.58021 10.70661 9.51356 9.64869 9.77154 9.88322 9.98474 8.96333 9.07507 9.17574 9.26643 9.34814 8.46944 8.56200 8.64465 8.71843 8.78432 7.25933 7.31246 7.35866 7.39884 7.43377 (b) X] Your answer is incorrect. Try again. What is the present value of the lease payments to determine the lease liability? (Round answer to 0 decimal places, e.g. 5,275.) Present value of the lease payments 12913 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: 2 of 5 used SAVE FC