Prepare the lease amoctization schedulels) for Splish Brothers for all 4 years of the lease (Round anoweri to Odecimal phocs es. 5,275 ) Marigold Incorporated leases a piece of equipment to Solish Brothers Corporation on Lanuary 1.2020. The lease agrement called for annasi rental payments of 5.4 .834 at the beginning of each vear of the 4 year lease. The equipment has an econoinic cocful life of 6 aware of this rate. There is no bargain purchase option, ownership of the lease does not tranfer at the ond of the lease term, inve the asset is not of a specialized nature. Click here to view factor tables. (For calculation purposes, use 5 decimal places as diplayed in the foctor table provided) (a) Detrmine the nature of the lease to both Marigold and 5 plisti Brothers. The lerse is alan lease to Marigold. eTextbook and Media List of Accounts Sovelor latus Lust taved 19 hours ago. Altempts: 0 of 3 used Sived work will be auto submatted on the doe date. Autosubmisston can take up to 10 minutes. Marigold Incorpxrated leases a piece of equipment to Splish Brothers Corporation on January 1.2020. The lease aprement ealled for annual rental paryments of \\( \\$ 4,834 \\) at the beginning of each year of the 4 year lease. The equipment has an economic usefid life of 6 years, a fair value of \\( \\$ 25,300 \\), a book value of \\( \\$ 20,300 \\), and both parties expect a residual value of \\( \\$ 8,250 \\) at the end of the lease term. though twis amount is not guaranteed, Marigold set the lease payments with the interit of earning a 4 . return, and 5 plish Brothery \\& aware of this rate. There is no bargain purchave option, ownership of the lease does not transfer at the end of the leare terns aref the asset is not of aspecialized nature. Clink here to view factor tables. For calculation parposes use 5 decinal places as disployed in the foctor tuble provided) (a) Determine the nature of the lease to both Marigold and Splah Erothers. The kisk indan lease to Marigold Prepare the lease amortization schedule (s) for Splish Erothers for all 4 years of the lease. (Round anawers fo 0 decimal ploces, ex. 5.275