B$)$ suppose the same facts as above except that kimbeerly$-$clark incurred legal fees resulting from the excution of the lease of $$5000$ and received a lease incentive from sheridan to enter the lease of $1000$ how would the initial measurement of the lease liability and right$-$of$-$use assest be affected under this sitution?

Suppose the same facts as above, except that Kimberly$-$Clark incurred legal fees resulting from the execution of the lease of

$$5,000,$ and received a lease incentive from Sheridan to enter the lease of $$1,000.$ How would the initial measurement of the lease

liability and right$-$of$-$use asset be affected under this situation? Assume that on December $31,2024,$ Kimberly$-$Clark Corp. signs a $10-$year, non$-$cancelable lease agreement to lease a storage

building from Sheridan Storage Company. The following information pertains to this lease agreement.

The agreement requires equal rental payments of $$67,799$ beginning on December $31,2024.$

The fair value of the building on December $31,2024,$ is $$496,890.$

The building has an estimated economic life of $12$ years, a guaranteed residual value of $$12,000,$ and an expected residual

value of $$8,300.$ Kimberly$-$Clark depreciates similar buildings on the straight$-$line method.

The lease is nonrenewable. At the termination of the lease, the building reverts to the lessor.

Kimberly$-$Clark's incremental borrowing rate is $8\%$ per year. The lessor's implicit rate is not known by Kimberly$-$Clark.

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$($For calculation purposes, use $5$ decimal places as displayed in the factor table provided.$)$

$($a$)$