Jill Morris is presently leasing a small business computer from Eller Office Equipment Company. The lease requires 10 annual payments of $6,000 at the end of each year and provides the lessor (Eller) with an 8% return on its investment. You may use the following 8% interest factors: 9 Periods 10 Periods 11 Periods Future Value of 1 1.99900 2.15892 2.33164 Present Value of 1 .50025 .46319 .42888 FV of Ordinary Annuity 12.4875 14.4865 16.6454 PV of Ordinary Annuity 6.24689 6.71008 7.13896 PV of an Annuity Due 6.74664 7.24689 7.71008 Instructions (a) Assuming the computer has a ten-year life and will have no salvage value at the expiration of the lease, what was the original cost of the computer to Eller? (b) What amount would each payment be if the ten annual payments are to be made at the beginning of each period