Sheridan Ltd. entered into a lease on June 1, 2020. The lease term is six years and requires annual rental payments of $ 27,900 at the beginning of each year. Sheridan's incremental borrowing rate is 5% and the rate implicit in the lease is 9%. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE. X Your answer is incorrect. Calculate the capitalized amount of the right-to-use asset if Sheridan follows IFR$ 16. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 5,275.75.) Leased Asset $ $ 125157.13