Mays Company has a machine with a cost of $750,000 which also is its fair value on the date the machine is leased to Park Company. The lease is for 6 years and the machine is estimated to have an unguaranteed residual value of $75,000. If the lessor's interest rate implicit in the lease is 8%, the six beginning-of-the-year lease payments would be Select one: a. $162,874 b. $125,000 c. $146,587 d. $154,623