On January 1,2024 , Oriole Ltd. leased a machine from Sheridan Equipment Ltd. The machine had cost Sheridan $421,400 to manufacture, and would normally have sold for about $602,000. The lease was for 10 years and requires equal monthly payments of $6,480, which reflect an annual interest rate of 8%. While the machine is expected to have a total useful life of 12 years, Oriole's management plans to return it to Sheridan at the end of the 10-year lease. Oriole's management has also determined that the present value of the minimum lease payments was $534,091 at the time the lease was entered into. (a) Your answer is partially correct. Calculate the impact that the lease will have in the first month on Oriole's statement of financial position. (Round answers to 0 decimal places, e.g. 125.) Right-of-use asset at the end of January $ Lease liability at the end of January $