On October 1, 2024, Sonoma Company leased equipment from Napa Incorporated in lease payable in five equal annual payments of $370,000. beginning October 1, 2025. Similar transactions have carried an 7% interest rate. The right-of-use asset would be recorded at: Note: Use tables, Excel, or a financial calculator. (EV of $1. PV of $1, EVA of \$1.PVA of $1. FVAD of $1 and PVAD of $ ) Multiple Choice $0. $1,517,074 $1,623,268 $1,850,000