Analyzing and Interpreting Lease Footnote Disclosures The GAP Inc. discloses the following schedule to its fiscal 2015 (ended January 30, 2016) 10-K report relating to its leasing to its leasing activities. The aggregate minimum noncancelable annual lease payments under leases in effect on January 30, 2016, are as follows: Fiscal Year (S millions) 2016 2017 2018 2019 2020 Thereafter Total minimum lease commitments $1,285 248 ,096 971 832 2,568 $8,000 compute the present value of GAP's operating leases using a 6% discount rate and round the remainingleasetermtothenearestwholeyear. Round each answer to the nearest whole number S million Year 1 Year 2 Year 3 Present Value Year 4 Year 5 After 5