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Lease conversion from operating to corporation ,
A company has borrowing cost of about 4% in 2014 and lease balance $4,300 ,
A Fiscal Year capital leases operating lease
2014 $ 25 $ 656
2015 10 625
2016 - 550
2017 - 520
2018 - 500
thereafter -- 3,500
Year , Payment, Interest Discount Factor ,Present Value (49%) , lease Obligation, lease balance:
2013 $4,300
2014
,2015,
2016
,2017 ,
2018 ,
2019
,2020
,2021
,2022
,2223,
instructions: [1] calculate the additional years of conversion from operating to capital
[2] calculation the payment, discount factor, PV, interest, lease obligation and lease balance
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