On October 1, 2022, King Cones leased ice cream making equipment from Ace Leasing. The lease calls for five equal annual payments of $420,000, beginning Oct 1, 2023. Similar transactions have carried an 8% interest rate. At what amount would King would record the right-of-use asset? (FV of $1, PV of $1, FVA of $1, PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice O $1,676,938, $1,811,095. O $0. $2,100,000