Each of the four independent situations below describes a capital lease in which annual lease payments are payable at the beginning of each year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Lease Term Lessor's rate of Return Fair Value of leased asset 4 7 5 8 12% 10% 11% 9% 50000 350000 75000 465000 Lessor's cost of leased 50000 350000 45000 465000 asset Residual Value: 0 50000 0 30000 Guaranteed by lessee 0 0 7000 15000 Unguaranteed Determine the annual lease payments for each situation

Each of the four independent situations below describes a capital lease in which annual lease payments are payable at the beginning of each year. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Lease Term Lessor's rate of Return Fair Value of leased asset 4 7 5 8 12% 10% 11% 9% 50000 350000 75000 465000 Lessor's cost of leased 50000 350000 45000 465000 asset Residual Value: 0 50000 0 30000 Guaranteed by lessee 0 0 7000 15000 Unguaranteed Determine the annual lease payments for each situation