Sunland Company Inc. has an asset with a fair market value of $448000 that it wants to lease. Sunland Company's wants to recover its net investment in the leased asset and earn an 8% return. The asset will revert back to Sunland Company's at the end of a 5-year lease term and it is expected that the residual value of the asset will be $26000 at the end of the lease. If Sunland Company wants to charge rent semi-annually starting at the beginning of the lease, what amount should the lease payments be? (Round present value factor calculations to 5 decimal places, e.g. 1.25124.) Click here to view the factor table. Select answer from the options below $99076 $103173 $51028 $64503