10. On January 2, 20X1, Gold Star Leasing Company leases equipment to Brick Co. with 5 equal annual payments of $40,000, payable beginning December 31, 20X1. Brick Co. agrees to guarantee the $25,000 residual value of the asset at the end of the lease term. Brick's incremental borrowing rate is 10% and Brick does not know that Gold Star's implicit interest rate is 8%. Assume this is a nancing type lease. What is the amount of lease receivable capitalized