On December 31, 2021. Oriole.inc leased machinery with a fair value of $1125000 from Cay Rentals Co. The agreement is a 6-year noncancelable lease requiring annual payments of S210000 beginning December 31, 2021. The lease is appropriately accounted for by Oriole as a finance case. Oriole's incremental borrowing rate is 11% Oriole knows the interest rate implicit in the lease payments is 10% The present value of an annuity due of 1 for 6 years at 10% is 4.7908. The present value of an annuity due of 1 for 6 years at 11% is 4,69590. In its December 31, 2021 balance sheet, Oriole should report a lease liability of O $915000 $796068 0 $986139. O 51006068