A company enters into a fi nance lease agreement to acquire the use of an asset for three years with lease payments of €19,000,000 starting next year. Th e leased asset has a fair market value of €49,000,000, and the present value of the lease payments is €47,250,188. Based on this information, the value of the lease payable reported on the company’s balance sheet is c losest to:

A . €47,250,188.

B . €49,000,000.

C . €57,000,000.