help

On Januory 1, Keunho Industries leased equipment to a customer for a four-year perlod, at which time possession of the leased asset wilt revent back to Keuntio The equipment cost Keunho $270,000 and has an expected useful life of shx yeats, its normat sales price is $270,000. The residual value after four years is $100.000 Lease payments are due on December 31 of each year, beginning with the first payment at the end of the first yeat. The interest rite is 9%. What is the amount of the annual lease payments? Note: Round your onswer to the nearest whole dollar amount. The present value of 51:n=4.1=9% is 0.70843 . he present value of an ordinary annulty of 51:n=4.1=9% is 3.23972 . the present value of an annuity due of $1:n=4.1=980 is 3.53129 . Multiple Choice $54.166 $56,398 On Januory 1, Keunho Industries leased equipment to a customer for a four-year perlod, at which time possession of the leased asset wilt revent back to Keuntio The equipment cost Keunho $270,000 and has an expected useful life of shx yeats, its normat sales price is $270,000. The residual value after four years is $100.000 Lease payments are due on December 31 of each year, beginning with the first payment at the end of the first yeat. The interest rite is 9%. What is the amount of the annual lease payments? Note: Round your onswer to the nearest whole dollar amount. The present value of 51:n=4.1=9% is 0.70843 . he present value of an ordinary annulty of 51:n=4.1=9% is 3.23972 . the present value of an annuity due of $1:n=4.1=980 is 3.53129 . Multiple Choice $54.166 $56,398