Windsor Company manufactures a check-in kiosk with an estimated economic life of 12 years and leases it to Sheridan Airlines for a period of 10 years. The normal selling price of the equipment is $280,398, and its unguaranteed residual value at the end of the lease term is estimated to be $20,300. Sheridan will pay annual payments of $41,800 at the beginning of each year. Windsor incurred costs of $175,000 in manufacturing the equipment and $3,600 in sales commissions in closing the lease. Windsor has determined that the collectibility of the lease payments is probable and that the implicit interest rate is 11%. Sheridan Airlines has an incremental borrowing rate of 11%. Click here to view the factor table Compute the amount of the initial lease liability. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) The amount of the initial lease liability s SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare a 10-year lease amortization schedule. (Round answers to O decimal places e.g. 58,970.)