20. Barry Ltd and Allen Ltd enter into a finance lease agreement with the following terms: lease term is 4 years estimated economic life of the leased asset is 5 years 4 * annual payments of $15,000 payable at end of each year residual value at the end of the lease term is not guaranteed by the lessee interest rate implicit in the lease is 8%. According to AASB 16 Leases, on inception date, the present value of the lease payments is: A. $49,682. (answer) B. $38,656. C. $53,656. D. $$60,000