lease payment is 200,000 . Ignore the already filled figures.. attend only if you are sure about the answer

Each of the four independent situations below describes a sales-type lease in which annual lease payments of are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1. PV of $1. FVA of S1. PVA of S1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Situation 1 2 3 6 12% 6 14% 4 7 11% 10% Lease tern (years) Lessor's and lessee's interest rate Residual value: Estimated fair value Guaranteed by lessee $55,000 $8,500 $55,000 $8,500 $65,000 Determine the following amounts at the beginning of the lease: (Round your intermediate and final answer to the nearest whole dollar amount.) Situation 2 $750,000 $ 750,000 $ 875,000 $ 875,000 750,000 805,000 883,500 940,000 575,597 579,192 673.770 685,125 A The lessor's 1. Total lease payments 2. Gross investment in the lease 3. Net investment in the lease B The lessee's 4. Total lease payments 5. Right-of-use asset 6. Lease liability 875.000 750,000 575,597 575,597 750,000 554,135 554 135