On December 31, 2024. Marin Corporation signed a 6-year, non-cancelable lease for a machine. The terms of the lease called for Marin to make annual payments of $12,165 at the beginning of each year, starting December 31,2024 . The machine has an estimated useful life of 8 years and a $5,700 unguaranteed residual value. The machine reverts back to the lessor at the end of the lease term. Marin uses the straight-line method of depreciation for all of its plant assets. Marin's incremental borrowing rate is 8%, and the lessor's implicit rate is unknown. Click here to view factor tables. (a) What type of lease is this for the lessce? 1/24 Right-of-Use Asset Lease Liability (To record the lease) 1/24 Lease Liability Cash (To record first lease payment) 1/25 Amortization Expense Right-of-Use Asset (To record amortization of the right-of-use asset) 31/25 Lease Liability Interest Expense Canh (To record lease payment) 60736 12165 12105