Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machine has a cash price of $900,000. Benning wants to be reimbursed for financing the machine at a 7% annual interest rate. (FV of $1, PV of $1. FVA 01 $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factors) from the tables provided.) Required: 1. Determine the required lease payment if the lease agreement calls for 10 ngual annual payments beginning immediately Table or calculator function PVAD of $1 Present Value 900.000 10 79 Annual installment 2. Determine the required lease payment if the first of 10 annual payments will be made one year from the date of the agreement Table or calculator function Present Value n = 1 = Annual Installment 3. Determine the required lease payment if the first of 10 annual payments will be made immediately and Benning will be able to sell the machine to another customer for $60.000 at the end of the 10-year lease. Lease payment