The lease payments from footnote disclosures of an operating lease
Year Lease payments ($)
1. 1,375
2. 1,210
3. 825
Year 4 and after 4,125
Assume a discount rate of 8%.
Required:
a. Calculate the PV of all the lease payments.
b. Assume a 10% discount rate and a tax rate of 25%, so that the PV of all the lease payments is $5,220. Complete the I/S figures .
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The lease payments from footnote disclosures of an operating lease
Year Lease payments ($)
1...
1...
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