Each of the four independent situations below describes a sales-type lease in which annual lease payments of $20,000 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) factor(s) from the tables provided.) 1 2 3 4 Lease term (Years) 3 3 3 3 Lease term (years) 3 4 4 6 Lessor's and lessee's interest rate 8% 8% 8% 8% Residual value Guaranteed by Lessee 0 $8,000 $ 4,000 0 Unguaranteed 0 $8,000 $4.000 $8,000 After (Years) none 2 3 3 Exercise price n/a $9000 $3,000 $5,000 Reasonably Certain n/a no no Yes Determine the following amounts at the beginning of the lease (Round your final answer nearest whole dollar amount.):