The following facts pertain to a non-cancelable lease agreement between Alschuler Leasing Company and Sunland Electronics, a lessee, for a computer system. Commencement date Lease term Economic life of leased equipment Fair value of asset at October 1, 2025 Book value of asset at October 1, 2025 Residual value at end of lease term Lessor's implicit rate Lessee's incremental borrowing rate Annual lease payment due at the beginning of each year, beginning with October 1, 2025 October 1, 2025 6 6 $253,109 $280,000 -0- 11 years $53,900 years % 11 % K The collectibility of the lease payments is probable by the lessor. The asset will revert to the lessor at the end of the lease term. The

The collectibility of the lease payments is probable by the lessor. The asset will revert to the lessor at the end of the lease term. The straight-fine depreciation method is used for all equipment. The following amortization schedule has been prepared correctly for use by both the lessor and the lessee in accounting for this lease. The lease is to be accounted for properly as a finance lease by the lessee and as a sales-type lease by the lessor. The following facts pertain to a non-cancelable lease agreement between Alschuler Leasing Company and Sunland Electronics, a lessee, for a computersystem. (4) What items and amounts will appear on the lessee's balance sheet at September 30,2027