Carter Leasing Company signs an agreement on January 1, 2020, to lease a machine to Addison Company. The following information relates to this agreement: 1. The term of the non-cancelable lease is 5 years with no renewal option. The equipment has an estimated economic life of 5 years. 2. The cost of the asset to the lessor is $320,000. The fair value of the asset at January 1, 2020, is $320,000. 3. The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of $30,000, none of which is guaranteed. 4. The agreement requires equal annual rental payments, beginning on January 1, 2020. 5. Collectibility of the lease payments by Addison is probable. Assuming the lessor desires an 8% rate of return on its investment, calculate the amount of the annual rental payment required

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?