Use the following information to answer the next 2 questions. A lease agreement calls for annual payments of $36,879 over a 9-year period (also the asset's useful life). The lease is signed January 1, 20X1 with the first payment due on that date. The interest rate is 8%, and the PV of lease payments is $248,809. The lessor manufactured the asset at a cost of $240,000. 24. $ 44,599 In year 20X1, the lease decreases the lessee's net income by 25. $ 34,465 In year 20X1, the lease increases the lessor's net income by Use the following information to answer the next 2 questions. A lease agreement calls for annual payments of $36,879 over a 9-year period (also the asset's useful life). The lease is signed January 1, 20X1 with the first payment due on that date. The interest rate is 8%, and the PV of lease payments is $248,809. The lessor manufactured the asset at a cost of $240,000. 24. $ 44,599 In year 20X1, the lease decreases the lessee's net income by 25. $ 34,465 In year 20X1, the lease increases the lessor's net income by