On January $1,2021,$ Johnsonville recorded a right$-$of$-$use asset of $$300,370$ in an "operating lease". The lease calls for ten annual payments of $$38,500$ at the beginning of each year. The interest rate charged by Lakeland Leasing $($the lessor$)$ was $6\%.$ The balance in the right$-$of$-$use asset at December $31,2021,$ will be:

Multiple Choice

$$157,122.$

$$282,348.$

$$277,582.$

$$300,370.$