Testbank IFRS Multiple Choice Question 13 Bonita Industries leased an office under a five-year contract, which has been accounted for as an operating lease. Faced with the downturn in the economy, the viable company decided to sub-lease the office. However, they have had no luck with this effort and the landlord will not allow the lease to be cancelled. The payments are $9800 per year and there are four years left on the lease. The company's most recent interest rate for financing from a bank is 64. The free rate on government bonds is 44. What is the provision for the lease under IFRS? (For calculation purposes, use 5 decimal places as displayed in the factor table provided) Ock here to view actor tables $35573 $39200 336868 3958 Click if you would like to Show Work for this question: Doen Short Work