Multiple Choice Question 64 On December 31, 2018, Carla Vista Corporation leased a plane from Bell Company for an 7-year period expiring December 31, 2025. Equal annual payments of $457000 are due on December 31 of each year, beginning with December 31, 2018. The lease is properly classified as a capital lease on Carla Vista's books. The present value at December 31, 2018 of the lease payments over the lease term discounted at 11% is $2610474. Assuming the first payment is made on time, the amount that should be reported by Carla Vista Corporation as the lease ability on its December 31, 2018 balance sheet is $2390356 $2440626 $2153474 $2610474 Click if you would like to Show Work for this question: Open Show Work