A lease agreement considered a financing lease requires annual lease payments of $26,269 over a six-year period (including the duration of the asset with the first payment on January 1, the start date of the lease). The interest rate is 59 F out of $1. PV of 1, F A of 1 AVA of 1, FVAD of $1 and PVAD of 1) (Use the appropriate factors in the tables provided. A. Finalize the amortization schedule for the first two payments. B. If the taker`s exercise is the calendar year, what would be the amount of the lease obligation that the taker would declare on his balance sheet at the end of the first year? What interest should be paid? Fill this question by filling in your answers in the required tabs of B If the exercise of the taker is the calendar year, what would be the amount of the rental obligation that the taker would declare at the end of the first year? What interest should be paid? Leasing liability Interest < required is a legal agreement between two parties (landlord and taker) in which the owner of the rental asset (lease) of another party (taker) authorizes the use of the asset in exchange for payments. A: FV of 1: This table is used to calculate the future value of a current investment, the ov… This lease is a "sale" lease. The lessor will post in its income statement the interest and profit from the sale of the related assets. A: Current value: Current value (PV) is the current value of the future value (FV) of the investment, which…
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