Domebo Corporation has entered into a 7 year lease for a piece of equipment. The annual payment under the lease will be $2,900, with payments being made at the beginning of each year. If the discount rate is 11%, the present value of the lease payments is closest to ignore income taxes) Click here to view Exhibit 128-1 and Exhibit 12B-2, to determine the appropriate discount factors) using the tables provided. I Multiple Choice 0 $17,962 O $15370 OO O $20.300