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Check my work On September 30, 2021, Ferguson Imports leased a warehouse. Terms of the lease require Ferguson to make 10 annual lease payments of

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Check my work On September 30, 2021, Ferguson Imports leased a warehouse. Terms of the lease require Ferguson to make 10 annual lease payments of $57,000 with the first payment due immediately. Accounting standards require the company to record a lease liability when recording this type of lease. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Assume a 6% Interest rate. What amount should Ferguson record the lease liability on September 30, 2021, before the first payment is made? (Round your final answers to nearest whole dollar amount.) Table or calculator function: Lease Payment: n PV of Lease: Hed Homework 0 Saved Help Save & Exit Submit Check my work For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually . (i= interest rate, and n=number of years) (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) n 1 10.0% 1. 9 2. 13 Present Value Future Value $ 48,000 S 28,599 $ 61,000 $ 12,569 $ 42,000 $ 47,653 $ 120,000 $ 14,178 3. 9.0% 12 4. 5. 6.0% 12

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