On January 1, 2020, ACC Larkspur Leasing Company announces an arrangement to contract assets to Cole Company. The equipment's life cycle is presumed to be 6 years.2. The underlying asset value to a leaseholder is $291,000. Then at end of the lease term, the equipment shall regress to the owner, during which time it's also forecast to also have a residual value of $29,100, neither of which is guaranteed.4. Create an amortization schedule for the leaseholder which is efficient for the lease agreement where the annual payments are equally divided and the interest rate is 9%