On September 1, 2024, a company decides to lease office space in a building. The building's owner offers the compary the foliowing options, with the first monthly payment beginning September 30,2024 1. Sign a two-year lease with monthly payments of $6,800. 2. Sign a three-year lease with monthly payments of $6,550. 3. Sign a four-year lease with monthly payments of $6,300 Required: 1. For each option, calculate the present value of the lease payments using an interest rate of 6%. (Hint Use a financial calculator or Excel.) 2. Record each lease on September 1, 2024. 3. For which option is the lease payable recorded for the highest amount? Answer is not complete. Complete this question by entering your answers in the tabs below. For each option, calculate the present value of the lease payments using an interest rate of 0%. (Hint: Use a finandal calculator or Excel.) (Round to the nearest whole dollar. Do not round intermediate calculations.) On September 1, 2024, a company decides to lease office space in a building. The butiding's owner offers the company the following options, with the first monthly payment beginning September 30,2024 1. Sign a two-year lease with monthly payments of $6,800. 2. Sign a three-year lease with monthly payments of $6,550 3. Sign a four-year lease with monthly payments of $6,300 Required: 1. For each option, calculate the present value of the lease payments using an interest rate of 6%, (Hint Use a financial calculator or Excel) 2. Record each lease on September 1, 2024. 3. For which option is the lease payable recorded for the highest amount? Answer is not complete. Complete this question by entering your answers in the tobs below. Record each lease on September 1, 2024. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar