On January 1, 2018, Robertson Construction leased several items of equipment under a two-year operating lease agreement from lanson Leasing which routinely finances equip ment for other firms at an annual interest rate of 5% The contract calls for four rent payments of $54,000 each, payable semiannually on June 30 and December 31 each year The equipment was acqured by Jamison Leasing at a cost of $374,000 and was expected to have a useful life of 6 years with no residual value Both firms and depreciation semi-annually EV. oft S1. PY of S1 EVA of S1 PVA o S1. EVAD of S1 and PVAD O SD(Use appropriete factor) from the tables provided.) Prepare the appropriate jounal entries for the lessee from the beginning of the lease theough the end of 2018. (Of no entry is required fora transactionlevent, select "No journal entry required, in the first account field. Round your answers to the nearest whole dollar amounts) Journal entry worksheet Record the beginning of the lease for Robertson Constraction Ne Enter debtsbeo View transaction list Import a new list 0142 19 Record the beginning of the lease for Robertson Construction. 1 eBook 2 Record the lease payment and interest expense for Robertson Construction. 3 Record the amortization expense for Robertson Construction 4 Record the lease payment and interest expense for Robertson Construction 5 Record the amortization expense for Robertsorn Construction. - journal entry has been entered Prex 1 of 50 Next 4- 4 5 6 7 8 9 0 TABLE 4 Present Value of an Ordinary Annuity of $1 all 1.0% IS, IN 2S% 3,0% 1S% 40% 4.9% 50% 5S. 6.0% 7.0% ao% ,.9% 10.0% 11.0% 12.0% 20.0% 1 0.99010 098522 090039 onset 097087 096618 096154 ostA 0.95238 094787 094340 orasa agawa on a1090009090090 0.PR2M 0.0133 2 1.97040 195500 104156 192742 191347 1899 1M00 1.87267 149941 1M632 183039 180602 1.78i26 1.75911 1.7ss4 1.712521 AROS 152771 a zoooo zozo o 2saia auto zonst 2g0164 217509 27ass ans ann 2A7201 2A2432 257710 253120 zusas 2.44371 2401210ea s 4.8534-47ab4 471346 4Msaa 457971 45150S 4A5182 430098 4a048 4270a42tZM 410020 2,00271 lawasnomissoo-ons 299061 pass sa4214 51578, sarse, 4ws3 491732 476654 4azasa 44sR435S2642X54 411141 iassi sna3 $,14612 4%764 2.03716 -7A5168 7Aasat 732S48 7.1701 4 7.01069 687306 6.73274 &SS89 646i21 6.33476 36052 0.16224 7.97087 7.78611 7A0769 7.43533 7.26879 7. 10 9A7130 922218 890259 8.75206 8.53020 831M1 0.11000 791272 772173 7snuseoe 702058 anos 641 7seeinsmassaazewa 10.36763 10071 12 978685 951421 925262 900155 13 12.13374 11.73153 1134837 10.getto 1063406 1030274 oosses oeans une otros -saa usus room ,aaaottaa uautittiw 14 13.00070 12.54334 12.10625 11w091 11 29d07 togaosz 10 saiz ,azzal enia oseves oraa aar uaa yhinnaeewanair ass 15 13essos 13.aza 12soas 12.38138 1193794 11.51741 11.11820 taness 1037066 sansa 921225 0.107V1 Lssaaa -ooe aancanon,ar-oes 40s, 16 14.71 787 14 13126 1257771 ,losso 12561 10 1200412 "eszo "aar tenm 10aasta10so wees ias,37 uase razm rime amours 18 1639t27 15.67256 1400203 1435336 13.75351 1219968 128500 12. tswp 11Aay59 112460, togareo 100soe unn -si63L20tat 770M2,24e ang 16 42 -1SA7846 14.97889 1432380 12.70004 1213394 12seure 12oesaz 11essn.iseta tante uanso awan-kaerooorea atrio 1469797 1402916 13.40472 12A2115 12.27524 1176408 1anssa sandao 92aasuies 114,mazao, naosautua azzsa 907704 L42174 7 25 22.02316 20 71961 1952-46 1842438 1741215 16.4t151 154220e 14 30 2580771 2401524 22.70646 2000 1960044 18.30206 1729aa aaie isras idiiniaal izana 92921-409294 1 TABLE 5 Future Value of an Annuity Due of $1 n/1 1.0% 1.5% 20% 2.5% 3.0% 1s% 40% 4s% s0% 55% 60% 70% ,0% 9.0% 10.0% 1 1.0100 1.0150 1.0200 1.0250 1.00 10so 1.0400 10450 1.0500 10550 1.0600 1.000 10800 10000 11000 1.1100 1.1200 12000 2 2.0001 2.0452 20604 2.0756 20909 2106221216 2.1370 2152s 2.1680 2.e36 22149 22464 22781 23100 23421 2,044 26400 3.060430909212163.1525 3.18363.214932445 32782 33101 13423 337463.4399 3S061 3.5731 3440 Uow ) 436a 4 4.1010 41s23 4200 42s63 43091 436254,4163 44707 45256 45411 4A371 47507 48666 49847 5.0061 522 528 6A16 110% 120% 20,0% 6 62 35 43200 649065274 6M25 47794 6S0 70102 7.1420 7.210 730a 7AS40 79229 82004 L4872 17m 9000 11.59 72057 7A32g 75830 7.7361 72023 &OS, 7 8.2142 .3so as491 8.7216 aw75 925ee 96346 10.020S 10.4359 0ass. 112997 15.091 8.3685 85593 87546 8.9545 9.1591 9.3685 95828 98021 100066 10.2563 04013 10.97 9 0A622 97027 09497 10.2014 10.4639 10.714110061 11.2882 115779 11.8754 12.1808 12a164 114166 141929 10 10.5668 10 8633 11.1687 114835 11.8078 12.1420 12.4864 12.8412 132 11.4876 12 0210 12595 13. 964 13.7757 18.790 2 1420 12.4864 12.8412 13.2068 125805 139716 147836 15.6455 16S40 175312 t15614 tass46 21,1504 1 11 6825 120412 124121 12.7956 131920 13.6020 140058 14.46 149171 15.3856 15.099 16s 17 977 191407 20 384) 21 7132 2.131 212.8093 13.2368 13.6803 141404 146178 15.1130 1 3 13.9474 14.4504 14.9739 15 5190 160863 166770 17.219 17 14 15.0969 15.6821 16.2934 16.9319 17 5989 18.2957 19.023 1974 205786 21.4087 22 260 24 1290 26 1521 28 309 307725 33454 36279 710s 5.6268 16.1509 16.7130 17.28 17 8821 11406 204953 21 9534 23 5227 25 2116 2 97 9321 185086 19 2926 200151 21.5505 232140 250192 26.9750 29049 31 3026 58. 16 1740 4 182014 19 0121 199647 203616-21.7050 22AOS 227.17 24104 25904 2129 201m pro aer 2eur aus anz wes 17 186147 194894 204123 21.3063 224144 18 19.8109 20.7967 21.406 22.9460 24.1160 253572 26.6712 20636 295200 31,3007 2 7600 363790 0 443 45.015 50 1591 55.9395 424397 153.7o 19 21.0190 22.1237 23 2974 24 5447 25804 27 2797 28 7781 30 3714 12 0660 33.83 35 256 29.9055 44 7620 50 1601 5 2750 3 2028 71.0524 185 20 222292 23.4705 24783) 261023 276765 29260S 30.0602 22.7831 34710 MIMI Roy 421652 4229 SSTAS dates ner, aosat? ease 25 28 5256 305180 32 6709 35 0117 375530 0 3131 43 3117 46 5706.1 0 35 1327 38 1010 41 3794 450003 9002 53.4295 0 115 53 9660 583564 67.6765 78 .9544 92 3240 0e 4194 838017 101 07 sa.22 637524-26 7 9 6 41 47 78 29 33 24 55 61 92 198 O. 8. 5 3
