Cullumber Corporation enters into an agreement with Ayayai Rentals Co. on January 1, 2025 to lease a machine to be used in its manufacturing operations. The following data pertain to the agreement: (a) The term of the noncancelable lease is 3 years with no renewal option. Payments of $790110 are due on January 1 of each year. (b) The fair value of the machine on January 1,2025 , is $2180000. The machine has a remaining economic life of 10 years, with no salvage value. The machine reverts to the lessor upon the termination of the lease. (c) Cullumber depreciates all machinery it owns on a straight-line basis. (d) Cullumber's incremental borrowing rate is 10% per year. Cullumber does not know the 9% implicit rate used by Ayayai. If Ayayai records this lease as a sales-type lease, what amount would be recorded as Lease Receivable at the inception of the lease? $790110$2180000$2161378$2370330