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here were going to be looking at a lease with an under anteed residual value so were going to concentrate on this unguaranteed residual value here so if corporation p purchases the machine here on 11 x14 eleven thousand seven hundred dollars and on the same date they lease adhere to corporation s on 11 x 1 with three rental payments of four thousand dollars per year at the beginning of each period its beginning of each year and theres going to be unguaranteed residual value of two thousand dollars so in this case because we have this unguaranteed residual value the Lacey and the lesser are going to have to have separate depth Emma days amortization schedules here so first looking at the list sir here the lessor here with the unguaranteed residual value here so for their debt amortization schedule here looking at the payments they would have included here the three payments of four thousand dollars plus they also have to include this two thousand dollar unguaranteed residual value h
