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Mattel Company leased equipment from Utmost Leasing C0, on January 1, 2023, in an operating lease. The present value of the lease payments discounts at

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Mattel Company leased equipment from Utmost Leasing C0, on January 1, 2023, in an operating lease. The present value of the lease payments discounts at 6% was $480,000. Six annual lease payments of $90.000 are due each fanury 1, beginning Janilary 1,2023 The amount of right-of-use asset reported on December 31, 2023 balance sheet would be: $456600 $190000 $412400 stanive

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