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Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently. (FV of 51. PV of S1. VA Of S1. PVA

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Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently. (FV of 51. PV of S1. VA Of S1. PVA of S1. EVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) 1. On June 30, 2021, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $24,000 on the purchase date and the balance in six annual installments of $7,000 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 $540,000 debt that comes due on December 31, 2026. The company will accumulate the funds by making five equal annual deposits to an account paying 6% interest compounded annually. Determine the required annual deposit if the fost deposit is made on December 31, 2021 3. On January 1, 2021. Johnstone leased an office building. Terms of the lease require Johnstone to make 15 annual lease payments of 5134.000 beginning on January 1, 2021. A 10% interest rate is implicit in the lease agreement. At wisat amount should Johnstone record the lease fiability on January 1 2021, before any lease payments are made? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required On June 30, 2021, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $24,000 on the purchase date and the balance in six annual installments of $7,000 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? (Hound your final answers to nearest whole dollar amount.) Show less natas Down Payment Value of the

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