Calculate the lease payments in arrears if the equipment cost is $500,000 and the lessor's rate is 10%. Assume a five equal annual repayments and a...

Calculate the lease payments in arrears if the equipment cost is $500,000 and the lessor's rate is 10%. Assume a five equal annual repayments and a residual of 20% at the end of year five. The lessee's debt rate is 6%. (please provide the answer with working process)