Q4. On 1 January 2021 Linguine plc acquires a new machine under a leasing arrangement. . The terms are: An Initial payment of 13,760, payable immediately on 1 January 2021 4 further annual payments of 20,000, starting 1 January 2022 The interest rate charged by the lessor is 8% The asset has a life of 5 years Calculate the following balances to present in Linguine's financial statements for the year ended 31 December 2021 (6 marks) (1) The carrying amount of the right of use asset (ii) Current lease liability Non-current lease liability