Silver Ltd signed a 5-year contract with Daxin Ltd for the use of a customised machinery on 1 July 2019. Silver Ltd intends to return the machinery at the end of the lease term The leased machinery meets the criteria of a leased asset in accordance with AASB16 Leases. The following information shows the lease terms: Lease term (non-cancellable) 5 years Expected useful life of the machinery 9 years Expected residual value of the machinery $40,000 Net initial directly attributable costs (paid on 1 July 2019) $15.000 Annual lease payment (commencing 30 June 2020) $150,000 Annual maintenance & insurance included in the annual lease payment $20,000 Interest rate implicit in the lease 10% p.a. What is the amount to be recorded as a Non-current Lease Liability in the books of Silver Ltd that is in accordance with AASB16 Leases on 30 June 2022? $118,181 $136.364 $225,619 $260.331