Each of the four independent situations below describes a sales-type lease in which annual lease payments of $155,000 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, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 1 2 3 4 Lease term (years) 8 9 9 Lessor's and lessee's interest rate 8% 10% 9% 11% Residual value: $9,100 $9,100 $61,000 $61,000 $71,000 Estimated fair value Guaranteed by lessee Determine the following amounts at the beginning of the lease: (Round your intermediate and final answer to the nearest whole dollar amount.) Situation 2 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 liability