Question 15 (8 points) Listen On January 1, 2021, Cafmed leased equipment from Cres Co. under a nine-year lease. The lease specifies annual payments of $25,000 beginning January 1, 2021 and each December 31 thereafter through 2028. The implicit interest rate (and lessee's incremental borrowing rate) is 10%. The lease is deemed to be an operating lease. The present value of the lease payments is $158,373. Identify the following statements that are TRUE regarding Cafmed's accounting for the lease. The balance of Right-of-Use Asset on the December 31, 2021 balance sheet is $170,036. The balance of Lease Payable on the December 31, 2021 balance sheet is $183,373. Amortization Expense for 2021 is $11,663. Interest Expense for 2021 is $13,337. Question 16 (5 points) Listen On December 31, 2020, Berc Co. had 198,000 shares of common stock and 5,00 MacBook Air