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Inbound 46163670992962

The document outlines financial details related to lease agreements, including total contract prices, annual rents, present values of lease payments, and depreciation expenses over multiple years. It also includes calculations for interest expenses and lease liabilities, as well as cash flows from bond issues and interest payments. Overall, it provides a comprehensive view of the financial implications of leasing and related costs over time.

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renielvelasques8
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8 views2 pages

Inbound 46163670992962

The document outlines financial details related to lease agreements, including total contract prices, annual rents, present values of lease payments, and depreciation expenses over multiple years. It also includes calculations for interest expenses and lease liabilities, as well as cash flows from bond issues and interest payments. Overall, it provides a comprehensive view of the financial implications of leasing and related costs over time.

Uploaded by

renielvelasques8
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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1 Rent for 5 years 450,000.

00 90,000 x 5 years
Lease bonus 50,000.00
C Total contract price 500,000.00
Lease term 5 years
B Annual rent 100,000.00

Rent 90,000.00
Lease bonus 50,000.00
Security Deposit 25,000.00
A Total Cash 165,000.00

2 PV of lease payment 3,790,000.00 1,000,000 x 3.79


PV of purchase option 310,000.00 500,000 x 0.62
Lease Liability 4,100,000.00
Initial direct cost 400,000.00
Lease incentive - 100,000.00
A Right Of Use Asset 4,400,000.00

Annual Rent Interest Expense Lease Liability CV of Lease Liability


4,100,000.00 B
2019 1,000,000.00 410,000.00 590,000.00 3,510,000.00
2020 1,000,000.00 351,000.00 649,000.00 2,861,000.00
2021 1,000,000.00 286,100.00 713,900.00 2,147,100.00 C

Right Of Use Asset 550,000.00 4,400,000 / 8


Leasehold Improvement 50,000.00 200,000 / 4
E Total Depreciation 600,000.00

3 PV of lease payment 317,000.00 100,000 x 3.17


PV of residual value 34,000.00 50,000 x 0.68
B Lease Liability 351,000.00
Payment to obtain long-term lease 30,000.00
Cost of Dismantling 39,000.00
A Right Of Use Asset 420,000.00

Annual Rent Interest Expense Lease Liability CV of Lease Liability


351,000.00
Year 1 100,000.00 35,100.00 64,900.00 286,100.00
Year 2 100,000.00 28,610.00 71,390.00 214,710.00
Year 3 100,000.00 21,471.00 78,529.00 136,181.00 C

5,000.00 E

Annual Rent Interest Expense Lease Liability CV of Lease Liability


4 135,000.00
20,000.00 13,500.00 6,500.00 128,500.00

5 Annual rent 240,000.00


FV at end of useful life - 20,000.00
220,000.00
Useful life 8
Depreciation Expense 27,500.00

6 Issue price 1,980,000.00 2,000 x 1,000 x 99%


Accrued Interest 40,000.00 2,000,000 x 8% x 3/12
2,020,000.00
Bond issue cost - 70,000.00
Net cash received 1,950,000.00

7 Date Interest Paid Interest Expense Discount Amortization Carrying Amount


01/01/2022 886,000.00 B
30/06/2022 50,000.00 53,160.00 3,160.00 889,160.00
31/12/2022 50,000.00 53,349.60 3,349.60 892,509.60
30/06/2023 50,000.00 53,550.58 3,550.58 896,060.18
31/12/2023 50,000.00 53,763.61 3,763.61 899,823.79 C

A 106,509.60 53,160 + 53,349.60

8 A Interest Expense 2021 10,000.00 500,000 x 12% x 2/12


(500,000 x 12%) x 10/12) + ((1,500,000 x 12%) x
B Interest Expense 2022 204,000.00 6/12) + ((800,000 x 12%) x 8/12)
C Interest Expense 2023 8,000.00 800,000 x 12% x 1/12

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