skrsong Company 188ses an automobile with a fair value of $13,568 from John Simon Net rs, tnc., on he following terms 1 Non can lable trm af Tanths. 2. Rental of 4270 per nonth (at the beginning of each nranth). (The present value at 0.5% pe, month is $0.1.979.) 3. skysang guarantnas a residual talua of1.200 the presant calue at ll 5 per month le1,325 Skvsnng e>nacts the pmhahlR rRe dual valus tn he1 .20[1 at the end of the RAGR term 4. Estimated ecanomic lite or the automcbile is 60 months 5 skysong's incremental bomowing race is 5% a year(0.5% a month). Simon's impicitrats is unknown your answer is carrect. hat is the nature of this lease to Skysong? The nature of this lease is ease TO TEXT LT X our answer is incorect. Try again. What is the present value of the ease payments to deternine the lease lbility? (Round answer to 0 decimal places, e.g. 5,275.) Present value of the lease payments 13304 our answar is incomact. TTr again, Supp 5B that S,275.) stead o1 700 Skysnng e: pects the residual va e tn he 500(the guara enst amount is sti 1 70ni. v dbe the talcu RI m the present alue ofthe ease payments ange mm part 1 )? d und answer to der ma n res, Pv af lease payments skrsong Company 188ses an automobile with a fair value of $13,568 from John Simon Net rs, tnc., on he following terms 1 Non can lable trm af Tanths. 2. Rental of 4270 per nonth (at the beginning of each nranth). (The present value at 0.5% pe, month is $0.1.979.) 3. skysang guarantnas a residual talua of1.200 the presant calue at ll 5 per month le1,325 Skvsnng e>nacts the pmhahlR rRe dual valus tn he1 .20[1 at the end of the RAGR term 4. Estimated ecanomic lite or the automcbile is 60 months 5 skysong's incremental bomowing race is 5% a year(0.5% a month). Simon's impicitrats is unknown your answer is carrect. hat is the nature of this lease to Skysong? The nature of this lease is ease TO TEXT LT X our answer is incorect. Try again. What is the present value of the ease payments to deternine the lease lbility? (Round answer to 0 decimal places, e.g. 5,275.) Present value of the lease payments 13304 our answar is incomact. TTr again, Supp 5B that S,275.) stead o1 700 Skysnng e: pects the residual va e tn he 500(the guara enst amount is sti 1 70ni. v dbe the talcu RI m the present alue ofthe ease payments ange mm part 1 )? d und answer to der ma n res, Pv af lease payments