Each of the four independent situations below describes a sales-type lease in which annual lease payments of $19,500 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 4 Lease term (years) Ass et's useful life (years) Lessor's implicit rate (known by lessee) Residual value: 138 13 13% 13% Guaranteed by lessee Unguaranteed 0 $7,800 $3,900 0 $3,900 $7,800 Purchase option: After (years) Exercise pricee Reasonably certain? none n/a 8,900 $2,900 $4,900 n/a no no yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.) Situation 4 1 2 3 A. The lessor's: 1. Lease payments 2. Gross investment in the lease 3. Net investment in the lease B. The lessee's: 4. Lease payments 5. Right-of-use asset 6. Lease payable Each of the four independent situations below describes a sales-type lease in which annual lease payments of $19,500 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 4 Lease term (years) Ass et's useful life (years) Lessor's implicit rate (known by lessee) Residual value: 138 13 13% 13% Guaranteed by lessee Unguaranteed 0 $7,800 $3,900 0 $3,900 $7,800 Purchase option: After (years) Exercise pricee Reasonably certain? none n/a 8,900 $2,900 $4,900 n/a no no yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.) Situation 4 1 2 3 A. The lessor's: 1. Lease payments 2. Gross investment in the lease 3. Net investment in the lease B. The lessee's: 4. Lease payments 5. Right-of-use asset 6. Lease payable