Ouestionfl (30marks). Consider a non-cancellable lease beginning December 31, 2010 with annual MLPs (minimum t rate. Required a. Construct the underlying amortization table. (6 marks) Calculate the income effects of lease classification for each year. (10 marks) b. That is, complete the following table: Operating Lease Capital Lease Year 2011 2012 2013 2014 2015 Rent (Total expense) Depreciation Interest Total expense c. Calculate the B/S effects of lease classification for December 31, 2013. (6 marks) That is, complete the following table: 2013 Assets Leased asset Acc. Depreciation Leased asset, net Liabilities Current portion of lease obligation Long-term debt: lease obligation d. Calculate the cash flow effects of lease classification for each year. (8 marks) That is, complete the following table Year 2011 Operating Lease CFO Capital Lease CFO CFI