On January 2, 2021, Cullumber Leasing Company leases equipment to Foley Co. with 5 equal annual payments of $172000 each. payable beginning January 2, 2021. Foley Co. agrees to guarantee the $112000 residual value of the asset at the end of the lease term. The expected value of the residual is $0. Foley's incremental borrowing rate is 9%, however it knows that Cullumber's implicit interest rate is 7%. The journal entry Cullumber makes at January 2, 2021 includes a debit to right-of-use asset for? PV Annuity Due PV Ordinary Annuity PV Single Sum 7%,5 periods 4.38721 4.10020 0.71299 9%.5 periods 4.23972 3.88965 0.64993 $834455 $802024 $827392 O $1196602