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Week 10 Home Exercises-Total 30 points Topic: Analyzing Lease Footnote (1 point) 1. Blasfield and Associates, reports the following operating lease payments in its 2017

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Week 10 Home Exercises-Total 30 points Topic: Analyzing Lease Footnote (1 point) 1. Blasfield and Associates, reports the following operating lease payments in its 2017 annual report Calculate the present value of operating lease payments using a discount rate of 10%. Operating Fiscal year leases 2018 $3,436,000 2019 2,438,000 2020 2.348,000 2021 1,994.000 2022 952.000 Net minimum lease payments $11. 168,000 8, 855, 645. 479

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