On January 1, 2018, Corp X issued 3%, 3 2 year Bonds to the public, and also signed a 3 and 1/2 -year lease with PH Corp. Payments of $10,000 on the lease are made at the end of the year for years 1,2 and 3 and ($5,000 in the last period; year 4.) There is a bargain purchase for the purchase of the asset for $3,000 at the end of the lease term. The asset has a fair value of $35,000 and has a useful economic life of 4 years. Corp. X is rated as a BBB rated company by Moody's Investors-a rating company. Additional Facts 1-BBB Market Interest rates: Date of issue on 12/31/2019 Year 1 2% 1.5% Year 2 2.5% 2.0% Year 3 2.75% 2.5% Year 4 3,5% 3.0% Year 5 4.0%. 4.0% Present the cash flow effects of this lease for 2018