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Debra Morris is presently leasing a small business computer from Eller Office Equipment Company. The lease requires 10 annual payments of $18.000 at the end

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Debra Morris is presently leasing a small business computer from Eller Office Equipment Company. The lease requires 10 annual payments of $18.000 at the end of each year and provides the lessor (Eller) with an 9% return on its investment. You may use the following 9% interest factors: 9 Periods 10 Periods 11 Periods Future Value of 1 2.17189 236736 2.58043 0.46043 0.42241 0.38753 13.02104 15.19293 Present Value of 1 Future Value of Ordinary Annuity of 1 Present Value of Ordinary Annuity of 1 Present Value of an Annuity Due of 1 17.56029 6,80519 5.99525 6.41766 6.53482 6.99525 741766 (a) Assuming the computer has a ten-year life and will have no salvage value at the expiration of the lease, what was the original cost of the computer to Eller? (Round factor values to 5 decimal places, es 1.25124 and final answer to decimal places, s. 458,581.) Original Cost

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