Each of the four independent situations below describes a finance lease in which annual lease payments are payable at the beginning of each year. The lessee is aware of the lessor's implicit rate of return.

Note: Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

$\backslash$table$[[,$Situation$],[$Lease term $($years$),1,2,3,4],[$Lessor$\text{'}$s rate of return,$9\%,9,10,],[$Fair value of lease asset,$$68,000,$$$368,000,$$$93,000,$$$483,000$