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Question 2 Pearl Corporation entered into an agreement to lease out a piece of equipment...

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Question 2 Pearl Corporation entered into an agreement to lease out a piece of equipment to a customer. The details of the lease are as follows: . Equipment cost of $116,400 . Lease term of 8 years Guaranteed residual value of $10,100 Annual payments on the lease would be due at the beginning of each year Click here to view the factor table In order to earn a 4% return, what minimum lease payments should Pearl charge its customer forthis equipment lease? Ro un 1.25124 and final answers to 0 decimal places, e.g. 5,275.) actora esto Sdecima place eg Minimum Lease Payment

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