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On January 1, 2021, Green Co. recorded a right-of-use asset of $160,880 in an operating lease. The lease calls for ten annual payments of $23,000

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On January 1, 2021, Green Co. recorded a right-of-use asset of $160,880 in an operating lease. The lease calls for ten annual payments of $23,000 at the beginning of each year. The interest rate charged by the lessor was 9%. The balance in the right-of-use asset at December 31, 2021, will be: Multiple Choice $124,092 $146,401. o $160,880. O $150,289

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