re quire d 1 determine the pres ent value of the

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Unformatted text preview: e quire d: 1. Determine the pres ent value of the leas e pay ments at June 30, 2013 that Georgia-Atlantic us ed to rec ord the leas ed as s et and leas e liability . (Ente r your a nsw e r in w hole dolla rs.) Pres ent value 2. W hat pretax amounts related to the leas e would Georgia-Atlantic report in its balanc e s heet at Dec ember 31, 2013? (Ente r your a nsw e rs in w hole dolla rs.) Pretax amounts Liability As s et 3. W hat pretax amounts related to the leas e would Georgia-Atlantic report in its inc ome s tatement for the y ear ended Dec ember 31, 2013? (Ente r your a nsw e r in w hole dolla rs.) Pretax amount rev: 01_31_2013_QC_25822 Exercise Learning Objective: 15-05 Des cribe and dem ons trate how both the les s ee and les s or account for a capital leas e. On June...
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