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 S1, FVAD of $1 and PVAD O SD) (Use appropriate factor(s) from the tables provided.) Situation 2 1 101 124 Lease term (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee 0 $63,000 $9,300 $9,300 $63,000 $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 complete but not entirely correct. Situation 12 The lessor's: 1. Lease payments 2. Gross investment in the lease 3. Net investment in the lease The lessee's: 4. Lease payments 5. Right-of-use asset 6. Lease payable 990,000 990,000 790,480 $ 990,000 1,053,000 791,706 $ 1,155,000 1,164,300 868,011 1.155,000 1,218,000 896,721 990,000 790,480 790,480 990,000 759,788 759,788 1,155,000 863,039 863,039 1,155,000 863,039 X 863,039