Date Page Computing lease Liability Lessee company enters into a 6-year finence lease of non- specialized equipment with Lessor Company on January 1, 2020. Lessee has agreed to pay $ 44800 annually beginning immediately on January 4, 2030. The lessor estimates the residual volve of the oquipment to be $8000 at lease end. but the lossee has not guaranteed the residual volue. The economic Life of the lassest is 7 years. The lessee's incrementel borrowing Rote is 7olo and the lessoris implicit Rote is hote readily determinable [by the lessee Company what is the velle of the lease liability on January 1 2020, lassuming that the lease is properly Classified as a finance lease