Use the following information to answer questions.(-4) On January 1, 2019 Jordan Co and "North Co" mga Imre agreement, that calls for "Jordan Co" to lease a Machine to "North Co" for 5 years for $40000 paid at the end of each year Eminated economic fe for the machine 5 years, wwed real vidue of $15,000 Horth Co expecte that a probable that the expected value of the residual value at the end of the lease will be $5,000 The machine reverts to Jordas co at the termination of the lease Depreciation sand (stra-lee uthod) plied en rute in % Frome of $1 f 5 ped-650 Prent or of any for 5 periods at 8% -3.99 Answer the following questions in accordance with IFRS 16 in Lessee records (North Co.): 1. The then my recorded on January 1, 2019 shall include de Act of 1 166400 of $ 150600