Inception date Annual lease payment due at the beginning of each year, beginning with May 1, 2017 Bargain-purchase option price at end of lease term May 1, 2017 $22,157.08 $4,200 5 years 10 years Lease term Economic life of leased equipment Lessor's cost $68,000 Fair value of asset at May 1, 2017 $95,000 Lessor's implicit rate Lessee's incremental borrowing rate 10% 10% The collectibility of uncertainties surrounding the for all executory costs. The expected residual value of the equ $12,000 ($0) the lease payments is reasonably predictable, and there are no important costs yet to be incurred by the lessor. The lessee assumes responsibility ipment at the end of 5 (10) years is Prepare a Tease amortization schedule for Riverbed Company for the 5-year lease term. (Round present value factor calculations to 5 decimal places, e.g. 1.25126 and Round answers to 2 decimal places, e.g. 15.25.) RIVERBED COMPANY (Lessee) Lease Amortization Schedule Annual Lease Payment Plus Interest on Reduction of Lease Date Liability Liability Lease Liability 5/1/20 5/1/21 4/30/22