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Company B signed a 40-year non-cancellable contract for leasing equipment on 01.01.2007. According to the terms of the contract, company B will pay 338,000 of

Company "B" signed a 40-year non-cancellable contract for leasing equipment on 01.01.2007. According to the terms of the contract, company "B" will pay 338,000 of annual rent at the end of each year starting from 12.31.2007. At the end of the lease period, the asset is returned to the lessor. If the incremental interest rate on Company B's loans is 10% and the lessor's hidden interest rate is not known, how much will the lease debt account be reported in the statement of financial position on 12.31.2021.

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