Current Attempt in Progress Bridgeport Corporation entered into a finance lease to lease equipment from Highlander, Inc. on January 1, 2020. The lease calls for annual lease payments of $9,000, beginning on December 31, 2020 for each of the 5 years of the lease. In addition, Highlander, Inc. will pay Bridgeport Corporation $2.000 as a cash incentive for entering the lease by January 1, 2020. In relation to the lease agreement, Bridgeport incurred the following costs. Commissions for selling agents Internal engineering costs Legal fees resulting from the execution of the lease $700 500 2,800 If the value of the lease liability is $39,485, what amount will Bridgeport record as the value of the right-of-use asset on January 1, 2020, at commencement of the lease? Value of the right-of-use asset $ $