On January 1, Ramirez Supply leased a car for a four-year period, at which time possession of the car will revert back to the lessor. Annual lease payments are $15,100 due on December 31 of each year, calculated by the lessor using a 5% discount rate. Negotiations led to Ramirez guaranteeing the lessor a $45,300 residual value at the end of the lease term although Ramirez estimates that the residual value after four years will be $41,500. What is the amount to be added to the right-of-use asset and lease payable under the residual value guarantee? (Round your answer to the nearest whole dollar.) The present value of $1: n=4, i = 5% is 0.82270. The present value of an ordinary annuity of $1: n=4, i = 5% is 3.54595. The present value of an annuity due of $1: n=4, /= 5% is 3.72325. Multiple Choice $1,863 $3,106 $1,707 $3,126