Question: Caleb's Corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2020 annual report (in millions). 2021 2022 2023 2024 2025 Operating

Caleb's Corp disclosed the following minimum rental commitments under non-cancelable operatingleases in its 2020 annual report (in millions). 2021 2022 2023 20242025 Operating Leases $19,539 20,196 20,052 19,746 19,270 234, 134 $332,937 Thereafter

Caleb's Corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2020 annual report (in millions). 2021 2022 2023 2024 2025 Operating Leases $19,539 20,196 20,052 19,746 19,270 234, 134 $332,937 Thereafter Total What is the approximate present value of the minimum lease payments? Assume a discount rate of 6.0%. Note: Round the remaining lease term to the nearest whole year, using the final lease payment provided as an estimate of annual future payments. Select one: o a. $298,970 million b. $332,937 million C. $204,009 million d. $244,841 million e. $248,339 million

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