Copporason. Ash expecrs the residual value at the end of the lease term to be $10,000. The lease contains no purchase opion. Required . How would Ash Corporation classify the lease? b. What is the lease liabil ty balance on January 1 , the lease commencement date? - Note: Round your answer to the nearest whole dollar. tst mated lies dual = cuaranteed lesidual c. Prepare the entries for Ash Comporation on lanuary 1 and December 31 of 'ear 1. - Note: Round your anishers to the nearest whole dollar. Corporadon. Ash expects the residual value at the end of the lease term be $10,00. The lease contains no purchase ootion. Required a. How would ash Corporadon classify the lease? b. What is the lease liab lity balance on danuary 1 , the lease commencement daza? - Nate: Round your ansiner tn the nearss whole de lar. x Estimated Residual : Gus ranteed Residus d. Assume that Ash Corporation expects the residual value at the end of the ease term to be $3,500. Prepare the entries for Ash corporation on January 1 ano December 31 of Year 1. - Note: Round your answers to the nearest whole do lar. Copporason. Ash expecrs the residual value at the end of the lease term to be $10,000. The lease contains no purchase opion. Required . How would Ash Corporation classify the lease? b. What is the lease liabil ty balance on January 1 , the lease commencement date? - Note: Round your answer to the nearest whole dollar. tst mated lies dual = cuaranteed lesidual c. Prepare the entries for Ash Comporation on lanuary 1 and December 31 of 'ear 1. - Note: Round your anishers to the nearest whole dollar. Corporadon. Ash expects the residual value at the end of the lease term be $10,00. The lease contains no purchase ootion. Required a. How would ash Corporadon classify the lease? b. What is the lease liab lity balance on danuary 1 , the lease commencement daza? - Nate: Round your ansiner tn the nearss whole de lar. x Estimated Residual : Gus ranteed Residus d. Assume that Ash Corporation expects the residual value at the end of the ease term to be $3,500. Prepare the entries for Ash corporation on January 1 ano December 31 of Year 1. - Note: Round your answers to the nearest whole do lar