Complete partial Schedule in the space provided

a) Sally Company engaged in leasing a machine for quality control that requires payment of $1,500 at the beginning of each month for 48 months. The economic life of the machine is 5 years. Sally Company normally is subject to 12% interest rate in business transactions.

b) Opera Company purchased a delivery truck at $22,000 plus 8% sales taxes. Opera paid $2,500 in cash and financed the rest at 12% requiring 48 equal monthly payments at the end of each month

bTable Title: Pay # b) Table Title