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Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently of S1. PV of S1, FVA of S1, PVA of

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Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently of S1. PV of S1, FVA of S1, PVA of S1, EVAD of S1 and PVAD of S) (Use appropriate factor(s) from the tables provided.) 1. On June 30, F 2018, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $28,000 on the purchase date and the balance in five annual installments of $5,000 on each June 30 beginning June 30, 2019 Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Johnstone value the 2. Johnstone needs to accumulate sulficient funds to pay a $580000 debt that comes due on December 31, 2023. The company wil the funds by making five equal annual deposits to an account paying 5% interest compo annual deposit if the first deposit is made on December 31, 2018 unded annually Determine the required 3. On January 1, 2018 $138,000 leased an office building Terms of the lease require Johnstone to make 10 annual lease payments of beginning on January 1, 2018, A 10% interest rate is i record the lease liability on January 1, 2018, before any lease payments are made? Complete this question by entering your answers in the tabs below $28,000 on the 2019. Assuming that an interest rate of 10% properly reflects the time should Johnstone value the equipment? (Round your final answers to nearest whole dollar amount.) date and the balance in five annual installiments of $5,000 on each June 30 beginning June 30, y in this situation, at what amount

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