On January 1, 2014 Lessee Company entered into a five-year lease, which required annual payments of $60,000. The first payment was due at the inception of the lease. The present value of the minimum lease payments to record the lease was $250,192, the applicable discount rate was 10%. Lessee Company treated the lease as a capital lease. What is the balance of lessee Company's lease liability as of December 31, 2014: Please select from the following:

A) $209,211

B) $275,211

C) $190, 192

D) $149,211