Aldridge Corporation leased a machine on December 31, 2018, for a three-year period. The lease agreement calls for annual payments in the amount of $31,889 on December 31 of each year beginning on December 31, 2018. Aldridge has the option to purchase the machine on December 31, 2021, for $7,750 when its fair value is expected to be $10,900. The appropriate interest rate for this lease is 10%

PV$1 PVOA PV, Annuity due

1 period, 10%		.90909			.90909			1.00000
2 periods, 10%		.82645			1.73554			1.90909
3 periods, 10%		.75131			2.48685			2.73554

What is the amount to be recorded as a right-of-use asset and the associated lease payable.?