Infodrom.rs On January 1, 2022, XYZ Le sedan from Bay Manufacturing Price of $176,545 Bay Manufacturing has a cost of $124,000 in the asset Lease specifies 4 annual payments beginning January 1.2022. and on each January 1 thereafter through 2005. The 4-year term and on December 11, 2006 Bay Manufacturing estimates a useful life of 5 years Bay Manufacturing estimates a residual value of $25,000 The residual value will be Guaranteed by the Lessee. XYZ Lessee agrees that the equipment will be worth at lease $25,000 or more at the end of the lease em There is no purchase option, and the equipment reverts back to the lessor at the end of the 4-year period The implicit rate on the lease 6% and XYZ Lessee is aware of that rate Assume Straight Line Depreciation is used on the Right of Use Asset PVAD Factor 45% 3,72328 PVAD Factor, 676 454505 PV of $1 Rastor 696 2270 PV o 1 Fabiorn48478353 PV to hemama valim lai alarai Cust 170,045 Ola Mewah Inventory 175.0 Lease Receivable Cost of Goods Sold 170.045 124.000 Sales Revenue 170.045 Equipment Inventory 124.000 Lease Receivable 170.045 103.432 Cost of Goods Sold Sales Revenue 158,377 124.000 Ob. Lease Receivable 176.945 124.000 Cost of Goods Sold Sales Revenue 176.945 Equipment Inventory 124.000 O c. Lease Receivable 178,945 Cost of Goods Sold 103.432 Sales Revenue 158.377 Equipment Inventory 124.000 O d. Lease Receivable 156,377 Equipment Inventory 156,377 156,377 O e. Lease Receivable 103,432 Cost of Goods Sold 135,809 Sales Revenue 124,000 Equipment Inventory Infodrom.rs On January 1, 2022, XYZ Le sedan from Bay Manufacturing Price of $176,545 Bay Manufacturing has a cost of $124,000 in the asset Lease specifies 4 annual payments beginning January 1.2022. and on each January 1 thereafter through 2005. The 4-year term and on December 11, 2006 Bay Manufacturing estimates a useful life of 5 years Bay Manufacturing estimates a residual value of $25,000 The residual value will be Guaranteed by the Lessee. XYZ Lessee agrees that the equipment will be worth at lease $25,000 or more at the end of the lease em There is no purchase option, and the equipment reverts back to the lessor at the end of the 4-year period The implicit rate on the lease 6% and XYZ Lessee is aware of that rate Assume Straight Line Depreciation is used on the Right of Use Asset PVAD Factor 45% 3,72328 PVAD Factor, 676 454505 PV of $1 Rastor 696 2270 PV o 1 Fabiorn48478353 PV to hemama valim lai alarai Cust 170,045 Ola Mewah Inventory 175.0 Lease Receivable Cost of Goods Sold 170.045 124.000 Sales Revenue 170.045 Equipment Inventory 124.000 Lease Receivable 170.045 103.432 Cost of Goods Sold Sales Revenue 158,377 124.000 Ob. Lease Receivable 176.945 124.000 Cost of Goods Sold Sales Revenue 176.945 Equipment Inventory 124.000 O c. Lease Receivable 178,945 Cost of Goods Sold 103.432 Sales Revenue 158.377 Equipment Inventory 124.000 O d. Lease Receivable 156,377 Equipment Inventory 156,377 156,377 O e. Lease Receivable 103,432 Cost of Goods Sold 135,809 Sales Revenue 124,000 Equipment Inventory