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On December 31, 20X1. Davion LLC leased a machine from Cook for a 5-year petlod, expiring December 30, 20X6. Arimal payments of $100.000 are date

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On December 31, 20X1. Davion LLC leased a machine from Cook for a 5-year petlod, expiring December 30, 20X6. Arimal payments of $100.000 are date on December 31. The first payment was made on December 31, 20X2, and the second payment was made on December 31, 20x2. The present value at the nicestion of the lease for the 5 lease payments discounted at 8% Was $386.100. The louse is appropriately accounted for as a finance House by Duvian, (Do not found your Intermediate calculations and tound Firal answers to the nearest whole dollar amount Required Compute the December 31, 20X3, amount that Davian should report as a total finance tease liability after the loase payment has been made Numer

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