* Your answer is incorrect. Oriole Company leases a machine from Vollmer Corp. under an agreement which meets the criteria to be a finance lease for Oriole. The six-year lease requires payment of $173000 at the beginning of each year, including $25300 per year for maintenance, insurance, and taxes. The incremental borrowing rate for the lessee is 9%; the lessor's implicit rate is 7% and is known by the lessee. The present value of an annuity due of 1 for six years at 9% is 4.88965. The present value of an annuity due of 1 for six years at 7% is 5.10020. Oriole should record the leased asset at $845909. $722201. $753300. $882335.