申論題

C. Pine Leasing Company purchased specialized equipment from Wayne Company on December 31, 2016 for $250,000. On the same date, it leased this equipment to Sears Company for 5 years, the useful life of the equipment. The lease payments begin January 1, 2017 and are made every 6 months until July 1, 2021. Pine Leasing wants to earn 10% annually on its investment.
  Instructions (8%)