thank you for your help. I really apreciate if you can post formulas and equations

On June 30,2024 , Exploration Incorporated signs a lease requiring quarterly payments each year for the next four years. Fach of the 16 quarterly payments is $29,091.80, with the first lease payment beginning September 30 . The company's normal borrowing rate is 8%. Use PUA of Si. (Use appropriate factor(s) from the table provided.) Required: 1. Colctiate the present value of the lease payments. 2. Record the lease on June 30,2024. Complete this question by entering your answers in the tabs below. finst acosent tiefail) Journal entry worksheet Pecord the linsey on kupe 90,2024 On June 30, 2024, Exploration Incorporated signs a lease requiring quarterly payments each year for the next four years Each of the 16 quarterly payments is $29,091.80, with the first lease payment beginning Septernber 30 . The company's normal borrowing rate is8\%. Use PVA of $1. (Use appropriate factor(s) from the table provided.) Required: 1. Calculate the present value of the lease payments. 2. Record the lease on June 30,2024. Complete this question by entering your answers in the tabs below. Calculate the present value of the lease payments. (Round your answer to the netareat whoie dollar amount.) On June 30,2024 , Exploration Incorporated signs a lease requiring quarterly payments each year for the next four years. Fach of the 16 quarterly payments is $29,091.80, with the first lease payment beginning September 30 . The company's normal borrowing rate is 8%. Use PUA of Si. (Use appropriate factor(s) from the table provided.) Required: 1. Colctiate the present value of the lease payments. 2. Record the lease on June 30,2024. Complete this question by entering your answers in the tabs below. finst acosent tiefail) Journal entry worksheet Pecord the linsey on kupe 90,2024 On June 30, 2024, Exploration Incorporated signs a lease requiring quarterly payments each year for the next four years Each of the 16 quarterly payments is $29,091.80, with the first lease payment beginning Septernber 30 . The company's normal borrowing rate is8\%. Use PVA of $1. (Use appropriate factor(s) from the table provided.) Required: 1. Calculate the present value of the lease payments. 2. Record the lease on June 30,2024. Complete this question by entering your answers in the tabs below. Calculate the present value of the lease payments. (Round your answer to the netareat whoie dollar amount.)