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The following facts pertain to a non-cancelable lease agreement between Blossom Leasing and Kingbird Group, a lessee (amounts in thousands). The collectibility of the lease
The following facts pertain to a non-cancelable lease agreement between Blossom Leasing and Kingbird Group, a lessee (amounts in thousands). The collectibility of the lease payments by Blossom is probable. Click here to view factor tables. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Prepare a lease amortization schedule for Kingbird for the 5-year lease term. (Round answers to 2 decimal places, e.g. 5,275.15.)
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