You skipped this question in the previous attempt Each of the three independent situations below...
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You skipped this question in the previous attempt Each of the three independent situations below describes a finance lease in which annual tease payments are payable at the beginning of each year. The lessee is aware of the lessons implicit rate of retum. (V of S1 PV of $1. EVA S.PVA OC St. EVAD.001 and PVAD OF S (Use appropriate factors from the tables provided.) Leate teen (years) Lesson rate of turn known by lea) L'incremental Bowing rate Fair volar 1 10 20 5 311 1 1 111 5720,0 $1,155,000 Required: 6.6 b. Determine the amount of the annual tease payments as calculated by the lessor and the amount the letee would record as a right of use toet and a lease liability, for each of the above situations. (Round your answers to the nearest whole dollar Art payante Don
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