Question 3 Not yet answ Mac Company signed a lease for a 1,500-square-foot office building to begin on January 1,2018. The lease has a 5-year term and should be accounted for as a finance lease. The lease does not require a down payment, but instead requires 4 annual lease payments of $30,500 beginning on December 31, 2018. What is the list price (present value) of the lease agreement if it has an implicit rate of 8%? Select one: a. $121,777.66 b. $78,601.46 c. $101.019.87 d. $140,997.83