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Mid-year entry into a lease

Shaeen Ltd entered into an agreement to lease an item of plant on 1 October 20X8. The lease required four annual payments of $200,000 each, commencing on 1 October 20X8. The plant has a useful life of four years and is to be scrapped at the end of this period. The present value
of the lease payments is $700,000. The implicit interest rate within the lease is 10%.

Can anyone please help me performing lease amortization schedule for this problem?

Thanks.

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Thanks @shreyapanicker

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Can anyone please remember Q1 (C)

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Hi j1994,

Use kaplan or BPP kit

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