On February $1,2016,$ Pearson Corporation became the lessee of equipment under a five$-$year, noncancelable lease. The estimated economic life of the equipment is eight years. The fair value of the equipment was $$600,000.$ The lease does not meet the definition of a capital lease in terms of a bargain purchase option, transfer of title, or the lease term. However, Pearson must classify this as a capital lease if the present value of the minimum lease payments is at least

$$600,000.$

$$540,000.$

$$450,000.$

$$405,000.$