Each of the three independent situations below describes a finance lease in which annual lease payments are payable at the beginning of each year. The lessee is aware of the lessor's implicit rate of return. (FV of S1. PV of S1, FVA of \$1. PVA of \$1, FVAD of S1 and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) Required: a. \& b. Determine the amount of the annual lease payments as calculated by the lessor and the amount the lessee would record as a right-of-use asset and a lease llablity, for each of the above situations. (Round your answers to the nearest whole dollar.) ABH: 2 Present Value of $1 V=$1 Each of the three independent situations below describes a finance lease in which annual lease payments are payable at the beginning of each year. The lessee is aware of the lessor's implicit rate of return. (FV of S1. PV of S1, FVA of \$1. PVA of \$1, FVAD of S1 and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) Required: a. \& b. Determine the amount of the annual lease payments as calculated by the lessor and the amount the lessee would record as a right-of-use asset and a lease llablity, for each of the above situations. (Round your answers to the nearest whole dollar.) ABH: 2 Present Value of $1 V=$1