Martinez Incorporated leases a piece of equipment to Tamarisk Corporation on January 1, 2025. The lease agreement called for annual rental payments of $5,180 at the beginning of each ycar of the 4 year lease. The equipment has an economic useful life of 6 years, a fair value of $25,600, a book value of $20,600, and both parties expect a residual value of $8,300 at the end of the lease term, though this amount is not guaranteed. Martinez set the lease payments with the intent of earning a 6% return, and Tamarisk is aware of this rate. There is no bargain purchase option, ownership of the lease does not transfer at the end of the lease term, and the asset is not of a specialized nature. Click here to view factor tables. (For colculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) Your answer is correct. Determine the nature of the lease to both Martinez and Tamarisk. The lease is a/an lease to Martinez. The lease is a/an lease to Tamarisk. Prepare the leate amertization schedule(v) for tamarisk for all 4 years of the lease (Round anwers fo 0 decimal ploces, es 5,275 ) 2/1/27 1/1/28