Sandy Co enters into a lease agreement on 1 July 20x2. The lease term is 5 years. Annual rental payments in advance are $2,500. On 1 July 20X2, the four future payments discounted at the implicit rate in the lease give a present value of $8,200. The acquired asset has a fair value of $10,100. To incentivise Sandy to enter into the lease, the lessor has agreed to pay Sandy Co a $500 contribution towards the $900 costs of setting up the lease At what amount is the right of use asset initially measured? A $10.200 DB $11,600 C$10,700 D $11,100