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On January 1, 2021, Bentley Co, recorded a right-of-use asset of $135,180 in a finance lease. The lease calls for ten annual payments of $20,000

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On January 1, 2021, Bentley Co, recorded a right-of-use asset of $135,180 in a finance lease. The lease calls for ten annual payments of $20,000 at the beginning of each year. The interest rate charged by the lessor was 10%. The balance in the right of use asset at December 31, 2021, will be Multiple Choice $115.180 $121.662 Multiple Choice 1 o $15,180. o $121,662. o $126,698 s135 180 17 ti Next

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