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Question 9 of 11 View Policies t Attempt in Progress -/5 The following facts J*rtain to a noncancelable lease agreement between Marin Leasing Company and Cullurnber Company. a Commencement date Annual lease payment due at the beginning of each year. beginning with May 1, 2020 Bargain purchase option price at end of lease term Lease term Econonnic life Of leased equipment Lessor's cost Fair value of asset at May 1.2020 Lessor's implicit rate Lessee's incremental borrowing rate May 1.2020 $18,922.70 $5,000 5 years 10 years 365.000 SB5coo The collectibilitv of the lease payments by Marin is probable, Click here to view tables,