At january i. 2018. cafe med leased restaurant equipment from crescent corporation under a nine-year lease agreement. the lease agreement specifies annual payments of $25,000 beginning january 1. 2018, the beginning of the lease, and at each december 31 thereafter through 2025. the equipment was acquired recently by crescent at a cost of $ 180.000 (its fair value) and was expected to have a useful life of 13 years with no salvage value at the end of its life. (because the lease term is only nine years, the asset does have an expected residual value al the end of the lease term of $90,995.) crescent seeks a 10% return on its lease investments. by this arrangement, the lease is deemed to be an operating lease. required: 1. what will be the effect of the lease on cafe med's earnings for the first year (ignore taxes)? 2. what will be the balances in the balance sheet accounts related to the lease al the end of the first year for cafe med (ignore taxes)?

1. revising for conciseness - eliminating flabby expressions,limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center.read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a.m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.