Problem $10$

On January $1,$ Rivera Logistics entered into a four$-$year lease agreement for a truck, after which

the truck will be returned to the lessor. The annual lease payments are $$12,000,$ due on December

$31$ each year, and were determined by the lessor using a $5\%$ discount rate. Through negotiations,

Rivera agreed to guarantee a residual value of $$41,000$ at the end of the lease term. Rivera

estimates the residual value of the truck after four years will be $$37,000.$

What amount should be added to the right$-$of$-$use asset and lease liability related to the residual

value guarantee?