Nicks Company leased equipment from Forever Leasing Co. on January 1, 2022, in an operating lease. The present value of the lease payments discounts at 8% was $90,000. Five annual lease payments of $20,000 are due each January 1, beginning January 1, 2022. The amount of right-of-use asset reported on December 31, 2022 balance sheet would be: O $75,600 $72,000 O $73,800 O $77,200