Ricky Bobby leases a racecar with a fair market value of $300,000 to Cal Naughton Jr. for 4 years. The lease contains a bargain purchase option in the amount of $50,000. Ricky Bobby desires a 14% rate of return. If the lease payments are due at the beginning of each year, what amount should Ricky Bobb charge as the annual lease payment? The present value factors are as follows ( n is the number of periods): Tahla 3 "The Present Value of $1" able 4 "The Present Value of an Ordinary Annuity" Table 5 The Present Value of an Annuity Due" NONE of the other answers are correct $90,317.05 $81,404.56 $92,801.21 $75,264.21