Each of the four independent situations below describes a sales-type lease in which annual lease payments of $150,000 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) (Use appropriate factor(s) from the tables provided.) 1 7 128 Lease term (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee Situation 2 3 7 8 148 100 4 8 100 0 0 $60,000 0 $9,000 $9,000 $60,000 $70,000 Determine the following amounts at the beginning of the lease: (Round your intermediate and final answer to the nearest whole dollar amount.) Situation 2 IA The lessor's 1. Total lease payments 2. Gross investment in the base 3. Not investment in the lease B The lessee's 4. Total lease payments 5. Righ-of-use asset 6. Loose liability