dentifying Lease Payments or each of the following three separate finance lease scenarios, determine the lease payment that the lessee should use to determine the appropriate lease classification. . An annual lease payment for equipment was $120,000 and included a fee of $12,000 for maintenance of the equipment. 1. An annual lease payment for equipment was $132,000 and included both a fee of $9,600 for maintenance and $12,000 for insurance on the equipment. . An annual lease for a building was $288,000 and included $24,000 for property taxes and $14,400 for parking lot maintenance. Lease payment b. Lease payment \$ c. Lease payment $