what is the record of initial leslase liability of the question

act personeng.com/Activity/7/2/1 Present of Anu Due On January 1, 2018, Naw Corporation leased a plece of machinery from Hoffherr Machinery. The lease is a[n) 7 year, non-cancellable lease that requires lease payments of 59,000 due at the beginning of each year. The tease has been determined to be a capital (finance) lease because at least one of the classification criteria has been met. Naw Corporation needs to determine the present value of the lease payments so that they can record the asset and the liability at lease inception. Hoffherr Machinery implicit rate of 9% is known to Naw Corporation. Complete the following from the perspective of Naw Corporation Which of the following francial statement tems impacted in the transaction? - | | The problem is solving for The calculation involo Table Method X 5.08 1 Accounts Date of Delivery Dehit