IHformation for 12, 13, and 14. n-6, i-96, PV Annuity Due: 4.79079, PV Single Sum: 0.56447 lease agreement specifies six annual payments of $92,931 starting at the time of lease inception. unguaranteed residual value of60 000 at the Incremental borrowing rate-implicit rate=10% There is an end of the lease term. The lease is correctly classified as a sales type lease for the lessor and a finance lease for the lessee. At the inception before recording the first payment a. Lessor's Sale is $479,081 b. Lessor's lease receivable is $479,081 c. Lessee's lease liability is $479,081 d. None of above 13The lease agreement specifies six annual payments of $92,931 starting at the time of lease inception. Jan. I of yearl. Incremental borrowing rate, implicit rate 10%, the lessee guaranteed a residual value of S60,000 at the end of the lease term. Lessee estimates it is probable that the residual value will be $55,00 The lease is correctly classified as a finance lease for the lessee and a sales type lease for the lessor. a. Lessor's lease receivable at the inception before the first payment is $557,586 b. Lessee's lease liability at the inception before the first payment is $448,035 c. Lessee's leased asset at the inception before the first payment is $445,213 d. Lessor's interest revenue for the yearl is 45.023 14. The lease agreement specifies six annual payments of $92,931 starting at the time of lease inception. incremental borrowing rate-implicit rate 10%. The bargain purchase option price at the end of the lease term is $60.000. The lease is correctly classitied as a finance lease for the lessee and a sales type lease for the lessor At the inception before recording the first payment a. Lessor's Sale is $479,081 b. Lessor's lease receivable is $557,586 3. Lessee's lease liability is $445,213 d. Lessee's leased asset is $445.213