Each of the four independent situations below describes a sales-type lease in which annual lease payments of $16,000 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, EVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 3 Lease term (years) 4 Asset's useful life (years) 4 5 Lessor's implicit rate (known by lessee) 113 Residual value: Guaranteed by lessee $6, 400 $3, 200 Unguaranteed 0 0 $3, 200 $6, 400 Purchase option: After (years) none 3 Exercise price n/a $8, 200 $2, 200 $4, 200 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.) Situation 1 2 3 4 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