5. IBM leases equipment to Schleck Inc. The non-cancelable term is 6 years beginning January 1, 20X1, with equal rental payments of $41,900 paid at the beginning of each year. Schleck guarantees the $10,000 residual value. The fair value of the equipment at the inception of the lease is $215,496 and its cost is $180,000. The equipment has a useful life of 7 years. The lessee's incremental borrowing rate is 10%, and the lessor's implicit interest rate of 8% is known to the lessee. What is the amount of the Lease Receivable capitalized on the lease origination date