Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $256,500its fair value(FV of $1PV of 1FVA of 1PVA of $1 FVAD of 1 and PVAD of 1) (Use appropriate factor(s) from the tables provided.) Related Information: Lease term Quarterly lease payments life of asset Interest rate charged by the lessor 2 years (8 quarterly periods ) $ 21,500 at Jan. 1, 2021, and at Mar. 31,