Help Please

A Renter's Company signed a lease for a building to begin on January 1, 2020. The lease has a 5-year term and should be accounted for as a finance lease. The lease does not require a down payment, but requires 4 annual lease payments of $30,500 beginning on December 31, 2020. What is the list price (present value) of the lease agreement if it has an implicit rate of 6%?

Select one:

a. $105,685.72

b. $128,477.10

c. $149,978.39

d. $81,526.86