Classifying Leases The following separate scenarios relare to a Syear lease, pertaining to equipment with a far volue of 325,000 , Assume in all ucenarios that puyments are made acthe begining of the period 1. Lease payments include a fieed payment of $5,000 pet year. 2. Lease payments include a faxed payment of $5,000 per year, plus $250 for insurance and $300 for a mantenance contract. 3. Levse pyments will be 55,000 in the first year and will ncrease by 3 w ccalculated on the previous years puymenti for each of the following 4 years. end of the next year. epected to increase to 122 at the end of the next year. 6. Lease payments include a fixed payment of 55,000 per year, in addsion, the wsiee has guarantecd the residual value of the equpment for $1,000 at the end of the lesse. Mequired Note Pound ambunis in tabile to the nearest whole dollat