An independent school district enters into a three year lease on a warehouse owned by a city. Total lease payments are $125,000 and have a present value of $116,000. At the inception of the lease, the city (the lessor) will record a: Group of answer choices Credit to Sale of Assets of $116,000. Debit to Deferred Outflow of Resources of $116,000. Credit to Deferred Inflow of Resources of $116,000. Credit to Deferred Inflow of Resources of $125,000