Question 3 (1 point) Ginger has just signed a capitalizable lease contract for equipment that requires rental payments of $37,000 each, to be paid at the end of each of the next 6 years. The company's discount rate is 10%. What is the amount used to capitalize the leased equipment (i.e. the present value of the lease payments)? $ 20,885.39 $ 966,867.72 $ 222,000.00 $ 161,144.62 $ 125,312.34