Assume that you are assigned to the audit of Toole Corporation. Toole leases a building from Mason, Inc. that qualifies as a finance lease. Which section of the Professional Standards addresses the issue of determining the amount of the lease liability to be recorded by Toole at the inception of the lease?

Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323-740-S25-1, 260-10-60-1A, 260-10-55-99, and 115-60-35-128A.