Question of 30 Moving to another question will save this response Jestion 3 3:34 points On December 31, 2020 Reagan insigned a lease with Silver Leasing Co for some timenting a seven year useful lide. These payments are made by Reagan annually beginning atiging date Tide does not transfer to the lessee, so the equipment will be returned to the lessor on December 31, 2026. There is no purchase option and Restaurantes a residual value to the lessor on termination of these Reagan's lease amortization schedule appears below Outstandin Halance $519,115 429,115 356290 230,331 201.75 119.23 14615 0 2022 2023 Decrease in Dec 31 Payments terest Balance 2020 20.30 S90.000 590.000 2021 590.000 517165 72.05 $90.000 14351 75.749 $90.000 11.221 2024 590.000 8070 R1.930 2025 $ 90,000 793 35 207 2026 5 36,000 1.335 34015 What is the amount of residual value guaranteed by Reagan to the lesson 534615 51385 $36.000 Cannot be determined from the given information 7829 Question 3 Moving to another question will save this response TM 2 - O Type here to search 2