need help solve this problem.

Crane Company leases a building to Larkspur, Inc. on January 1, 2020. The following facts pertain to the lease agreement. 1. 2. 3. The lease term is 6 years, with equal annual rental payments of $ 2.476 at the beginning of each year, Ownership does not transfer at the end of the lease term, there is no bargain purchase option, and the asset is not of a specialized nature The building has a fair value of $ 13,000, a book value to Crane of $ 6,000, and a useful life of 7 years At the end of the lease term, Crane and Larkspur expect there to be an unguaranteed residual value of $ 1.500. Crane wants to earn a return of 9% on the lease, and collectibility of the payments is probable. Larkspur was unaware of the implicit rate used in the lease by Crane and has an incremental borrowing rate of 10%. 4. 5. Click here to view factor tables How would Crane (lessor) and Larkspur (lessee) classity this lease? Crane would classify the lease as a lease. Larkspur would classify the lease as a lease. How would Crane initially measure the lease receivable, and how would Larkspur initially measure the lease liability and right-of-use asset? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to o decimal places, e.g. 5,275.) Crane Lease receivable $ Present value of lease pay Larkspur Lease Liability/Right-of-Use Asset $