Johnstone Company is facing several decisions regarding investing and financing activities Address each decision independently EX of S1 PV of SLFVASI. PVA of $1. EVAD of $1 and PVAD OS1) (Use appropriate foctor(s) from the tables provided.) 1. On June 30 2021 the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $23 000 on the purchase date and the balance in five annual installments of $6,000 on each June 30 beginning June 30, 2022 Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Johnstone Value the equipment 2. Johnstone needs to accumulate sufficient funds to pay a $530,000 debt that comes due on December 31, 2026. The company wil accumulate the funds by being equal annual deposits to an account paying 5% interest compounded annually. Determine the required annual deposit the epots made on December 31, 2021 3. On January 2010 office building. Terms of the lease require Johnstone to make 20 annual lease payments of $133000 beginning on HUN 2021 A 10% Interest rate is implicit in the lease agreement. At what amount should Johnstone record the late on 02 before any lease payments are made? Complete this question by entering your answers in the tabs below. Rared Required wewe June 30, 2021, the Johnstone company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese 23.000 on the purchase date and the balance in five annual installments of $6,000 on each June 30 beginning June 10, 2022. Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Johnstone value the equipment Round your final answers to nearest whole dar amount) Tahle values are based on Present Value Cash Flow Art Installments Down Payment Vase of the equipment Required 2 > way. 2021, before any lease payments are made? wyl Al wat amount should Joh Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Johnstone needs to accumulate sufficient funds to pay a $530,000 debt that comes due on December 21, 2026. The company will accumulate the funds by making five equal annual deposits to an account paying 5% interest compounded annually. Determine the required annual deposit if the first deposit is made on December 31, 2021. (Round your final answers to nearest whole dollar amount.) Show less Table or calculator function Future Value ma Annual deposit welcase dgreement. Ar whot amount should do umy un govory 2021, before any lease payments are made? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required On January 1, 2021, Johnstone leased an office building. Terms of the lease require Johnstone to make 20 annual lease payments of $133,000 beginning on January 1, 2021. A 10% interest rate is implicit in the lease agreement. Al what amount should Johnstone record the lease liability on January 1, 2021, before any lease payments are made? (Round your final answers to Dearest whole dollar amount.) show Tabla or calculator function Payment Lality
