Teal Mountain Fashion Company enters into a lease arrangement with Highpoint Leasing for 5 years. Teal Mountain agrees to pay 4% of its net sales as a variable lease payment. Teal Mountain does not pay any fixed payments. Teal Mountain is a highly successful company that has achieved over $1,900,000 in net sales over the last 7 years. Both Teal Mountain and Highpoint forecast that net sales will be a much greater amount than $1,900,000 in subsequent years. As a result, it is highly certain that Teal Mountain will make payments of at least $76,000 ($1,900,000 4%) each year. What is the lease payment amount Teal Mountain should use to record its right-of-use asset?