D E F G H L M N O P R S U w Y Z AA 100,000.00 7,000 No Yes No Yes 9,000 0 N/A 9,000 0 N/A End of Yr Beginning End of Yr Beginning End of Yr Beginning End of Yr Beginning End of Yr Beginning End of Yr 17,957 17,040 18,744 17,040 18,744 A B 4 Lease inception date 1/1/FY1 Implicit Rate 10% 6 Lease term 8 7 Useful life 10 8 Cost of item 80,000 9 9 10 11 L/R = Fair Value 12 13 Estimated RV 14 15 Transfer of Ownership? 16 17 Guaranteed RV, if any 18 19 Payments at Beg or End of the year? Beginning 20 21 PMT 16,325 22 Interest Revenue for FY1 23 Lease Receivable at 12/31/FY1 24 Sales Revenue 25 Gross Profit 26 Lease Receivable at 1/1/FY2 27 28 ROU Asset Capitalized ($95,801.43) 29 Amortization Expense for each yr BO ROU Asset at 12/31/FY1 31 Lease Payable at Issuance (before any PMT) B2 Interest Expense for FY1 33 Lease Payable at 12/31/FY1 34 Lease Payable at 1/1/FY2 35 36 37 38 39 10 D E F G H L M N O P R S U w Y Z AA 100,000.00 7,000 No Yes No Yes 9,000 0 N/A 9,000 0 N/A End of Yr Beginning End of Yr Beginning End of Yr Beginning End of Yr Beginning End of Yr Beginning End of Yr 17,957 17,040 18,744 17,040 18,744 A B 4 Lease inception date 1/1/FY1 Implicit Rate 10% 6 Lease term 8 7 Useful life 10 8 Cost of item 80,000 9 9 10 11 L/R = Fair Value 12 13 Estimated RV 14 15 Transfer of Ownership? 16 17 Guaranteed RV, if any 18 19 Payments at Beg or End of the year? Beginning 20 21 PMT 16,325 22 Interest Revenue for FY1 23 Lease Receivable at 12/31/FY1 24 Sales Revenue 25 Gross Profit 26 Lease Receivable at 1/1/FY2 27 28 ROU Asset Capitalized ($95,801.43) 29 Amortization Expense for each yr BO ROU Asset at 12/31/FY1 31 Lease Payable at Issuance (before any PMT) B2 Interest Expense for FY1 33 Lease Payable at 12/31/FY1 34 Lease Payable at 1/1/FY2 35 36 37 38 39 10