jeckyil ltd signs a 8year lease agreemenT to lease a storage building from hyde inc. hyude is in the business of leasing/selling property, Jeckyil follows ifrs

1.the agreement requires equal payments at the end of each year

2.ON jan 1 2020, the fair value of the building is $ 1350000 and hydes book value is$ 1125000

3.the building has an estimated economic life of 8 years with no residual value.Jeckyil uses straight line depreciation for all its depreciable assets.

4.At the termination of the lease title to the building will transfer to the lessee.

5.Jeckyils incremental borrowing rate is 10% .Hyde inc set theannual rental to ensure a 9%rate of return.The lessors implicit rate is known to jeckyil.

the amount of the minimum annual lease payment is?.