Multiple Choice Question 60 Sheridan Company cases a machine from Vollmer Corp. under an agreement which meets the criteria to be a capital lease for Sheridan The 6-year lease requires payment of $175000 at the beginning of each year, including $25500 per year for maintenance, insurance, and taxes. The incremental borrowing rate for the lewe is to the lessor's implicitrate is 89 and is known by the lessee. The present value of an annuity due of 1 for six years at 109 4.79079. The present value of an annuity due of 1 for six years at 4.99271. Sheridan should record the leased asset $746410 $873724 $716223 5838388 Click if you would like to show Work for this questioni Open Show Work