Each of the four independent situations below describes a sales-type lease in which annual lease payments of $165.000 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 S1 and PVAD OF 51) (Use appropriate factor(s) from the tables provided.) Situation 101 Lease ten years) Lessors and lessee's interest rate Residual values Estimated fair value Guaranteed by lessee $63,000 $9,300 $9,300 $63,000 $73,000 Determine the following amounts at the beginning of the lease (Round your intermediate and final answer to the nearest whole dollar amount.): Answer is complete but not entirely correct. Situation 1. Lease payments 2. Gross investment in the lease t in the lease The lessee's 4 Lease payments S990,000 990,000 790,480 S 990,000 1,053,000 791,706 $ 1,155,000 1,164,300 910,264 1.228,000 1.228,000 879,869 5 Right-of-use asset 990,000 790,480 790,480 990,000 759,788 759,788 1,155,000 905,177 905,177 1.228,000 879,869 879,869 6. Lease payable