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Calebs Corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2020 annual report (in millions). Operating Leases 2021 $48,848 2022 50,490

Calebs Corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2020 annual report (in millions).Operating Leases 2021 $48,848 2022 50,490 2023 50,130 2024 49,364 2025 48,174 Thereafter 585,336 Total $832,342 What is the approximate present value of the minimum lease payments? Assume a discount rate of 6.0%. Note: Round the remaining lease term to the nearest whole year, using the final lease payment provided as an estimate of annual future payments. Select one: a. $747,426 million b. $620,847 million c. $832,342 million d. $510,013 million e. $612,091 millio

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