15. Khaled Co., leased equipment from Tareq Company under a four-year lease requiring equal annual payments of 344,152, with the first payment due at lease inception. The lease does not transfer ownership, nor is there a bargain purchase option. The equipment has a 4 year useful life and no salvage value. Khaled, Co.'s incremental borrowing rate is 12% and the rate implicit in the lease (which is known by Khaled, Co.) is 10%. Assuming that this lease is properly classified as a finance lease, what is the amount of Lease Liability reduction recorded in first year after the lease inception. (4 Points) O 344 152 254,666 O 225,690 258,567