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just need the answers, no need to show work For each of the three independent situations below determine the amount of the annual lease payments.

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just need the answers, no need to show work

For each of the three independent situations below determine the amount of the annual lease payments. Each describes a finance lease in which annual lease payments are payable at the beginning of each year. Each lease agreement contains an option that permits the lessee to acquire the leased asset at an option price that is sufficiently lower than the expected fair value that the exercise of the option appears reasonably certain. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) pok Situation 2 5 10% $ 439,000 $ 439,000 1 5 9% $ 98,000 $ 69,000 3 4 8% $ 204,000 $ 164,000 tint Print Lease term (years) Lessor's rate of return Fair value of leased asset Lessor's cost of leased asset Purchase option: Exercise price Exercisable at end of year: Reasonably certain? references $ 29,000 5 yes $ 69,000 5 $ 41,000 3 no yes Determine the annual lease payments for each situation: (Round your intermediate and final answers to the nearest whole dollar amount.) $ 98,000 $ 69,000 $ 439,000 $ 439,000 $ 204,000 $ 164,000 Fair value of leased asset Lessor's cost of leased asset Purchase option: Exercise price Exercisable at end of year: Reasonably certain? $ 29,000 5 yes $ 69,000 5 $ 41,000 3 yes no Determine the annual lease payments for each situation: (Round your intermedia dollar amount.) Annual lease payments Situation 1 ces Situation 2 Situation 3

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