Parts A and B please

Current Attempt in Progress Concord Company manufactures a check-in kiosk with an estimated economic life of 12 years and leases it to Marigold Airlines for a period of 10 years. The normal selling price of the equipment is $291,033, and its unguaranteed residual value at the end of the lease term is estimated to be $20,800. Marigold will pay annual payments of $43,400 at the beginning of each year. Concord incurred costs of $164,300 in manufacturing the equipment and $4,300 in sales commissions in closing the lease. Concord has determined that the collectibility of the lease payments is probable and that the implicit interest rate is 11%. Marigold Airlines has an incremental borrowing rate of 11%. Click here to view factor tables. (a) Discuss the nature of this lease in relation to the lessee. This is a Compute the amount of the initial lease liability. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) The amount of the initial lease liability Save for Later Attempts: O of 3 used Part B: Prepare a 10 year amortization schedule (Round all answers to O decimal places)