Each of the four independent situations below describes a sales-type lease in which annual lease payments of $13,000 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.) 
please help me through the ones I got wrong
Each of the four Independent situations below describes a sales-type lease in which annual lease payments of $13,000 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.) Situation 12 3 4 3.15/5 points awarded 10% 10% 10% Scored $5,200 Lease term (years) Asset's useful life (years) Lessor's implicit rate (known by lessee) Residual value: Guaranteed by lessee Unguaranteed Purchase option: After (years) Exercise price Reasonably certain? 0 @ $ 2,600 $2,600 $ 5,200 none n/a n/a 3 $ 7,600 no $ 1,600 no $ 3,600 yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.) Situation 2 1 3 4 52,000 52,000 45,329 The lessor's: Total lease payments Gross investment in the lease Net investment in the lease The lessee's: 4. Total lease payments 5. Right-of-use asset 6. Lease liability 57,200 57,200 4,881 57,200 57,200 48,881 55,600 60,800 5 1,340 52.000 45,329 45,329 52,000 4 5,329 45,329 52,000 45,329 45,329 55,600 47,788 47,788 X ^ o la 1x 1:57 PM 2/2/2020 Each of the four Independent situations below describes a sales-type lease in which annual lease payments of $13,000 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.) Situation 12 3 4 3.15/5 points awarded 10% 10% 10% Scored $5,200 Lease term (years) Asset's useful life (years) Lessor's implicit rate (known by lessee) Residual value: Guaranteed by lessee Unguaranteed Purchase option: After (years) Exercise price Reasonably certain? 0 @ $ 2,600 $2,600 $ 5,200 none n/a n/a 3 $ 7,600 no $ 1,600 no $ 3,600 yes Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.) Situation 2 1 3 4 52,000 52,000 45,329 The lessor's: Total lease payments Gross investment in the lease Net investment in the lease The lessee's: 4. Total lease payments 5. Right-of-use asset 6. Lease liability 57,200 57,200 4,881 57,200 57,200 48,881 55,600 60,800 5 1,340 52.000 45,329 45,329 52,000 4 5,329 45,329 52,000 45,329 45,329 55,600 47,788 47,788 X ^ o la 1x 1:57 PM 2/2/2020
