firm can lease the compressor for 5 years with \\( \\$ 25,000 \\) lease payments at the end of each year. HPB's cost of debt is \11. Answer the following questions. (Hint: See Table \\( 19-1 \\).) \\( \\$ \\) b. What is the initial right-of-use asset? Do not round intermediate calculations. Round your answer to the nearest cent. \\( \\$ \\) c. What will HPB report as the Year-1 lease expense? Round your answer to the nearest cent. Enter your answer as a positive value. \\( \\$ \\) d. What is the Year-1 imputed interest expense? Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value. \\( \\$ \\) e. What lease liability must be reported at Year 1? Do not round intermediate calculations. Round your answer to the nearest cent. Enter your answer as a positive value. \\( \\$ \\) f. What right-of-use asset must be reported at Year 1? Do not round intermediate calculations. Round your answer to the nearest cent. \\$ TABLE 19-1 Financial Reporting for Leases Source: See the file Ch19 Tool Kit.xlsx. Numbers in the table are shown as rounded values for clarity in reporting. However, unrounded values are used for all calculations. Notes: The lease liability in Year 0 is equal to the initial lease liability. For subsequent years, the lease liability balance is equal to the previous balance plus the imputed interest minus the lease payment. -The imputed interest for the end of Year \\( t \\) is equal to the cost of debt \\( \\left(r_{d}\ ight) \\) multiplied by the lease liability payment at the beginning of Year \\( t \\). The right-of-use asset balance for an operating lease is equal to the lease liability balance. 'The lease expense for an operating lease is equal to the lease payment. The right-of-use balance for a finance lease is equal to the previous balance minus the amortization charge. 'The interest expense for a finance lease is equal to the imputed interest. The amortization charge for a finance lease is equal to initial right-of-use asset divided by the number of years of the lease