Each of the four independent situations below describes a sales-type lease in which annual lease payments of $115,000 are payable at the beginning of each year Each is a finance lease for the lessee (FV of S1. PV of SI. FVA OL SI PVA O $1. FVAD of S1 and PVAD of $1] (Use appropriate factor(s) from the tables provided.) 1 8 10x Situation Z 3 8 9 12% 111 4 9 11% Lease term (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee @ $53,000 $8,300 $8,300 $53,000 563,000 Determine the following amounts at the beginning of the lease. (Round your intermediate and final ansoper to the nearest whole . Situation A The lessor's 1. Total lease payments 2 Gross investment in the lease 3 Net investment in the lease The lessee's 4. Total lease payments 5. Right-of-use asset 6. Lease ability B Each of the four independent situations below describes a sales-type lease in which annual lease payments of $115,000 are payable at the beginning of each year Each is a finance lease for the lessee (FV of S1. PV of SI. FVA OL SI PVA O $1. FVAD of S1 and PVAD of $1] (Use appropriate factor(s) from the tables provided.) 1 8 10x Situation Z 3 8 9 12% 111 4 9 11% Lease term (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee @ $53,000 $8,300 $8,300 $53,000 563,000 Determine the following amounts at the beginning of the lease. (Round your intermediate and final ansoper to the nearest whole . Situation A The lessor's 1. Total lease payments 2 Gross investment in the lease 3 Net investment in the lease The lessee's 4. Total lease payments 5. Right-of-use asset 6. Lease ability B