lease the equipment for $$65,000$ with payments due at the end of the year. Assume RC chooses the lease, which is a finance lease for financial reporting purposes. Answer the following questions. $($Hint: See Table $19-1.)$

a$.$ What is the initial lease liability that must be reported on the balance sheet? Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value.

$

b$.$ What is the initial right$-$of$-$use asset? Do not round intermediate calculations. Round your answer to the nearest cent.

$

c$.$ What will RC rennrt ac an interest expense at Year $1?$ Round your answer to the nearest cent. Enter your answer as a positive value.

$

d$.$ What will RC report as an amortization expense at Year $1?$ Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value.

$

e$.$ What will RC report as the lease liability at Year $1?$ Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value.

$

f$.$ What will RC report as the right$-$of$-$use asset at Year $1?$ Do not round intermediate calculations. Round your answer to the nearest cent.

$