Current Attempt in Progress Carla Vista Corporation, which uses ASPE, enters into a 6-year lease of equipment on September 1, 2020, that requires 6 annual payments of $33.000 each, beginning September 1, 2020. In addition, Carla Vista guarantees the lessor a residual value of $23,000 at Jease end. The equipment has a useful life of seven years. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE OF 1 Assume instead that Carla Vista follows IFRS and that the amount expected to be paid under the residual value guarantee is $11,000. Calculate the amount of the right-of-use asset and prepare Carla Vista's September 2020 journal entry, assuming an interest rate of 8%. (Credit account tities are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts Round factor values to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, eg. 5.275) Debit Credit Account Titles and Explanation Right-of-Use Asset Lease Liability 33000 Cash (To record inception of lease and first lease payment