The acquiree/lessor has a minimum lease payment receivable on its books at $178, XXXXXXXXXXbeginning-of-the-month payments of $2,500 at 8% annual interest rate). If the current market rate of interest...

The acquiree/lessor has a minimum lease payment receivable on its books at $178,024 (96 beginning-of-the-month payments of $2,500 at 8% annual interest rate). If the current market rate of interest for this transaction is 12% annual, the fair value of the minimum lease payment receivable would be calculated and recorded as follows: