Problem Tames Company is in the business of leasing vehicles. Tames leases a van to Lion Company on January 1, 2021. The following terms/facts apply to this three-year lease. Equal lease payments of $10,000 per year are due at the beginning of the lease. Tames desires a rate of return of 5%. The fair value of the van on 1-1-2021 is $28,594 and its remaining economic life is four years. The cost of the van is $15,000. Collectability of the lease payments is reasonably predictable.. Requirements: (Round all computations to the nearest dollar) 1. What type of lease is this to Tames Company (lessor)? If it is a finance lease explain how you know this. Be clear! 2. Compute the present value of the lease payments receivable. 5