Oriole Corporation entered into an operating lease agreement to lease equipment from Pharoah, Inc, on January 1, 2025. The lease calls for annual lease payments of $36,000, beginning on January 1 , for each of the 3 years of the lease. In addition, Pharoah will pay Oriole $6,000 as a cash incentive for entering the lease by January 1,2025 . In relation to the lease agreement. Oriole incurred the following costs. Oriole's incremental borrowing rate is 8%. If the value of the lease liability is $100,198, what amount will Oriole record as the value of the right-of-use asset on January 1, 2025, at commencement of the operating lease? Value of the right-of-use asset