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Company A started at the beginning of 2019. They entered into a lease with Jan 1st as both inception and commenment date. The Lease term

Company A started at the beginning of 2019.

They entered into a lease with Jan 1st as both inception and commenment date.

The Lease term is as below:

- 5 yr non-cancellable

- 5% interest rate

- equal payment of $22916.51 at the end of each year.

- $1,000 bargaining purchase option at the end of lease term.

Useful life of this asset is 6 years with 0 residual value.

Tax rate 25%.

Earnings before interest, amortization and taxes is below.

2019: $123,456

Balance Sheet is below.

Year 2019:

Current Assets

Cash: ?

Accounts Receivable: 120000

Prepaid Expenses: 8000

Future Tax Asset: ?

Long-term Asset: ?

Total Assets: ?

Current Liabilities

Accounts Payable: 100000

Unearned Revenue: 10000

Future Tax Liabilities: ?

Long-term Liabilities: ?

Total Liability: ?

Shareholders' Equity

Retained Earnings: ?

Common Equity: 200000

Total Shareholders' Equity: ?

Total Liability and Equity: ?

Question: What are the values of the question marks?

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