Stone Company is facing several decisions regarding investing and financing actlvitles. Address each decision independently. Stone Company is facing several decisions regarding Investing and financing activities. Address each decision

Independently.

On June $30,2024,$ the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay

$$13,000$ on the purchase date and the balance in five annual Installments of $$5,000$ on each June $30$ beginning

June $30,2025.$ Assuming that an Interest rate of $10\%$ properly reflects the time value of money in this situation,

at what amount should Stone value the equipment?

Stone needs to accumulate sufficlent funds to pay a $$430,000$ debt that comes due on December $31,2029.$ The

company will accumulate the funds by making five equal annual deposits to an account paying $9\%$ interest

compounded annually. Determine the required annual deposit if the first deposit is made on December $31,$

On January $1,2024,$ Stone leased an office bullding. Terms of the lease require Stone to make $15$ annual lease

payments of $$123,000$ beginning on January $1,2024.$ A $10\%$ interest rate is implicit in the lease agreement. At

what amount should Stone record the lease llabillty on January $1,2024,$ before any lease payments are made?

Note: For all requirements, Use tables, Excel, or a financlal calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$

FVAD of $$1$ and PVAD of $$1$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

On January $1,2024,$ Stone leased an office building. Terms of the lease require Stone to make $15$ annual lease payments of

$$123,000$ beginning on January $1,2024.$ A $10\%$ interest rate is implicit in the lease agreement. At what amount should Sto

record the lease liability on January $1,2024,$ before any lease payments are made?

Note: Round your final answers to nearest whole dollar amount.

On June $30,2024,$ the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $$13,000$ on the

purchase date and the balance in five annual Installments of $$5,000$ on each June $30$ beginning June $30,2025.$ Assuming that

an Interest rate of $10\%$ properly reflects the time value of money in this situation, at what amount should Stone value the

equipment?

Stone needs to accumulate sufficient funds to pay a $$430,000$ debt that comes due on December $31,2029.$ The company will

accumulate the funds by making five equal annual deposits to an account paying $9\%$ interest compounded annually. Determine

the required annual deposit If the first deposit is made on December $31,2024.$

On January $1,2024,$ Stone leased an office bullding. Terms of the lease require Stone to make $15$ annual lease payments of

$$123,000$ beginning on January $1,2024.$ A $10\%$ Interest rate is implicit in the lease agreement. At what amount should Stone

record the lease llability on January $1,2024,$ before any lease payments are made?

Note: For all requirements, Use tables, Excel, or a financlal calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD

of $$1)$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $1$

Stone needs to accumulate sufficient funds to pay a $$430,000$ debt that comes due on December $31,2029.$ The company will

accumulate the funds by making five equal annual deposits to an account paying $9\%$ interest compounded annually.

Determine the required annual deposit if the first deposit is made on December $31,2024.$

Note: Round your final answers to nearest whole dollar amount.