What is the annual lease payment due from Golden Gate each year? (Round to the nearest dollar) Select one: 0 a $64 047 O b. $65.940 O c. $58,759. Od: $59.945 For this question, assume that the annual lease payment is $62,000. What is the value of the right-of-use asset and lease liability recognized by Golden Gate Company? (Round to the nearest dollar) Select one: O a. $218,941 O b. $216.185 O $200.863. O d. $196,531 For this question assume that the annual lease payment is 562,000 and that the value of the right-of-use asset and lease liability is $210,000. What is the amount of interest expense recorded by Golden Gate on December 31 2018? Select one: O a $14,800 O b. $21,000. O c. $18.900 O d. $13.320. Assume that on December 31, 2021, end of the lease term, the balance of the lease receivable is $60,000 and the actual residual value of the equipment is $54,000. What entry, if any, would OC Leasing (Lessor) have to record on that date? Select one: O a Debit Inventory $54000. Debit Loss on Lease $6.000 Credit Lease Receivable $60,000. O b. Debit Inventory $54.000, Debit Cash $6,000 Credit Lease Receivable $60,000. O c. Debit Inventory $60,000. Credit Lease Receivable $60,000. O d. No entry is required because the residual value is unguaranteed. When it is not clear whether a certain accounting change represents a change in principle or a change in estimate it Select one: O a. Should be treated as a change in estimate O b. Should be ignored (le, neither reported nor disclosed) O c. Should be treated as a change in principle O d. Could be treated as either a change in principle or a change in estimate