consider 200000 as lease payment.. attend only if you are 100% sure.

Each of the four independent situations below describes a sales-type lease in which annual tease payments on are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of S1, PV of $1. FVA of $1. PVA of S1, FVAD of $1 and PVAD of 51) (Use appropriate factor(s) from the tables provided.) 7 98 Lease term (years) Lessor and lessee's interest rate Residual values Estimated Enir value Guaranteed by losses situation 7 8 115 101 $50,000 $8,000 0 50,000 3 126 $50,000 360,000 Determine the following amounts at the beginning of the lease. (Round your intermediate and final answers to the nearest whole dollar amount) Situation A The lessor's 1. Losse payments 2 Gross investment in the lease 3. Net investment in the lease The lessee's 4. Lease payments 5. Right-of-use asset 6. Lease payable B