Kataran Company enters into a 4-year lease transaction, with payments due at the beginning of each year. The lease payments are $78,000 per year The fair value of the leased asset is $290,000 The lessor's deferred initial direct costs are equal to $24,000. The lessor's estimate of the unguaranteed residual asset is $120,000. Based on the above information, what is the implicit rate in the lease for Kataran? OA. 22.35% OB. 11.89% OC. 17.08% OD. 15.19% A