Each of the four independent situations below describes a sales-type lease in which annual lease payments of $165,000 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 Lease term (years) Lessor's and lessee's interest rate Residual vaue: 6 128 10% 11% Estimated fair value Guaranteed by lessee $63,000 $9,300 $63,000 $9,300 $73,000 Determine the following amounts at the beginning of the lease (Round your intermediate and final answer to the nearest whole dollar amount.) Answer is not complete. Situation 2 4 A The lessor's: 1. Lease payments 2. Gross investment in the lease 3. Net investment in the lease $ 990,000 990,000 1,053,000 759,788 990,000 790,480 B The lessee's: 4. Lease payments 5. Right-of-use asset 6. Lease payable 990,000 790,480 790,480 990,000 722,900 722,900