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Cabela's Corp disclosed the following lease information in its 2013 10-K (in millions). What lease liability does Cabela's report on its balance sheet? 2014 $1,000

Cabela's Corp disclosed the following lease information in its 2013 10-K (in millions). What lease liability does Cabela's report on its balance sheet?

2014 $1,000 $16,035

2015 $1,000 $20,956

2016 $1,000 $20,489

2017$1,000$20,098

2018 $1,000 $26,516

Thereafter $17,500 $269,619

Total $22,500 $373,713

Amt representing interest (10,081)

Net present value of leases $12,419

a) $22,500

b) $12,419

c) $373,713

d) $10,081

e) none of the above

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