Help Find The Annual Lease Payments Due From The Lessor And The Lease Amortizati

Help find the annual lease payments due from the lessor, and the lease amortization schedule, for the following scenario:

Lease Term 4 Years

Fair Value of Lease Asset $200,000

Lesse’s Incremental Borrowing Rate 10%

Lessor’s Rate of Return (known by lessee) 12%

Payment Due End of Year