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Oriole Company has a machine with a cost of $669000 which also is its fair value on the date the machine is leased to Park

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Oriole Company has a machine with a cost of $669000 which also is its fair value on the date the machine is leased to Park Company The lease is for 6 years and the machine is estimated to have an unguaranteed residual value of $66000. If the lessor's interest rate implicit in the lease is 10%, the 6 beginning-of-the-year lease payments would be Click here to view factor tables. $131867 O $139643 $111500 O $125867

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