Sindhilt Company, a machinery dealer, leased a machine to Dexter Corporation on January 1, 2022. The lease is for an 8 -year period and requires equal annual payments of $23,560 at the beginining of each year. The first payment is received on January 1,2022 Sandhill had purchased the machine during 2021 for $150,000. Collectibility of lease payments by Sandhill is probable. Ssadhill set. the annual rental to ensure a 4% rate of return. The machine has an economic life of 10 years with no residual value and reverts to Sandhill at the termination of the lease. Click here to view factor tables. (a) Compute the amount of the lease receivable. (Far colculotion pumposes, use 5 decilial ploces as dilgployed in the foctor table movided and round final answer to 0 decimal placeses 5.275. Amount of the lease receivable eTextbook and Media