Question 10 (1 point) On January 1, 2020, Zincorne Corp. entered into an agreement to lease a specialized machine from Lessor Inc. The machine has a current fair market value of $150,000. Details of the lease contract follow: . . The lease term is five years. The economic life of the equipment is six years. Zincorne has the option to purchase the equipment for $10,000 at the end of the lease term. The estimated value of the equipment at this time is $27,000. The implied interest rate in the lease is 8% but is not known to Zincorne, nor is it readily determinable. Zincorne's current IBR is 9%. Annual payments of $33,200 commence on January 1, 2020. Zincorne follows IFRS and has a December 31 year end. . What is the balance of the lease liability at the end of December 31, 2021? a) $124,323 b) $100,343 Oc) $99,324 d) $91,602