Refer to the following lease amortization schedule. The payments are made annually starting with the beginning of the lease. Title does not transfer to the lessee and there is no purchase option or guaranteed residual value. The asset has an expected economic life of years. The lease is noncancelable.
tablePaymenttableCashPaymenttableEffectiveInteresttableDecrease in OutstandingbalancetableBalanceBale$$$$$$
