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The company also leased computer equipment with the foliowing details. Note: Complese the entire quostion in Excel and format each answer to two decimal places.

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The company also leased computer equipment with the foliowing details. Note: Complese the entire quostion in Excel and format each answer to two decimal places. Then enter the answers into the provided spoces below with two decimal piaces. a. Gven the lease contract facts, determine the classification for each of the two leases foperating or financek Lind fease Computer equipment lease D. Determine the amount of the lease latility that Alexander Mack will add to its bulance sheet at the inception of each iease. c. What assec wilh the company add to its balance sheet for each lease? d. For each lease, prepare an amortization schedule that shows the interest and principal portions of each lease payment: e. What will be the income statement effect of the land lease in 2020? f. What will be the income statement effect of the equipment lease in 2020 ? n. On December 31, 2021, what amount will be on the balance shest (asset and liability) for each of the leases

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