Each of the four independent situations below describes a sales-type lease in which annual lease payments of $16,500 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 1 2 3 4 Lease term (years) 5 5 5 5 Assets useful life (years) 5 6 6 8 Lessors implicit rate (known by lessee) 12 % 12 % 12 % 12 % Residual value: Guaranteed by lessee 0 $ 6,600 $ 3,300 0 Unguaranteed 0 0 $ 3,300 $ 6,600 Purchase option: After (years) none 4 5 3 Exercise price n/a $ 8,300 $ 2,300 $ 4,300 Reasonably certain? n/a no no yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.)