The following facts are for a non$-$cancellable lease agreement between Sandhill Corporation and Sunland Corporation, a lessee:

$($a$)$

V Your answer is correct.

Calculate the amount of the right$-$of$-$use asset and lease liability. $($Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final

answers to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Amount $

List of Accounts Prepare a lease amortization schedule for the lease obligation using a spreadsheet for Sunland for the five$-$year lease term. $($Round

answers to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$