Red Co. recorded a right- of- use asset of $130,000 in a 10-year Type A lease. Payments of $21,157 are made annually at the end of each year. The interest rate charged by the lessor was 10%. Under the new ASU, the balance in the lease payable after two years will be:

A.) $151,191

B.) $80,000

C.) $157,300

D.) $112,870

Please show calculations