n corp. entered into a nine-year finance lease on a warehouse on december 31, 2018. lease payments of $26,000, which includes maintenance services of $1,000, are due annually, beginning on december 31, 2019, and every december 31 thereafter. n does not know the interest rate implicit in the lease; n's incremental borrowing rate is 9%. the rounded present value of an ordinary annuity for nine years at 9% is 6.0. what amount should n report as recorded lease liability at december 31, 2018?
