The lease contract for a computer workstation requires quarterly payments of $2100 at the beginning of every three-month period for five years. The lessee would otherwise have to pay an interest rate of 10% compounded quarterly to borrow funds to purchase the workstation.
a.	What amount will the lessee initially report in its financial statements as the long-term lease liability? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
	The initial lease liability will be	$
b.	What will the liability be at the end of the fourth year? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
	Lease liability	$