Refer to the following lease amortization schedule. The 10 payments are made amaly starting with the beginning of the lease. The does not true to the less and there is no purchase option er grwted residus value. The these Payment Payment etective Interest Decrease Outstanding Balance 79,99 12,000 1 2 3 4 7,153 12,000 12.000 12.000 12.000 12.000 12.000 12,000 12,000 59,612 49,331 43.252 8.00 5.131 20,201 9 10 12,000 1 What is the standing balance the payment and your answer to the need