Reardon Company leased an asset from Mackinac Company. Data: " . Five-year, noncancellable lease begins 1/1/22. Asset life is five years Payments of $20,711 each January 1. Asset FMV $100,000; Lessor book value $85,000 Guaranteed salvage value $5,000; $1,500 salvage value expected by lessee Applicable rate is 4% The 12/31/22 balance of Reardon's Lease Liability will be approximately Select one a $81,087 b. $74,934 C$78,056 d $74,843 e $81,178)