On January 1, 2021, Rastall Co. signed a long-term finance lease for an office building. The terms of the lease required Rastall to pay $13,000 annually, beginning December 31, 2021, and continuing each year for 22 years. On January 1, 2021, the present value of the lease payments is $122,752 discounted at the 9% interest rate implicit in the lease. In Rastall's December 31, 2021, balance sheet, the lease payable should be: Multiple Choice $109,752 O $120,800 $122,752 O $273,000