Pernia Ltd signed a 4-year contract with Comp Ltd for the use of a customised machinery on 1 July 2020. Pernia Ltd intends to return the asset at the end of the lease term. The leased machinery meets the criteria of a leased asset in accordance with AASB16 Leases. The following information shows the lease terms: Lease term (non-cancellable) 4 years Expected useful life of the machinery 8 years Expected fair value of the machinery at the end of lease term $30 000 Residual value guaranteed $50 000 Net initial directly attributable costs (paid at 1 July 2020) $10 000 Annual lease payment (paid in arrears) $120 000 Annual maintenance & insurance included in the annual lease payment $20 000 Interest rate implicit in the lease 10% p.a. What is the amount to be recorded as a Current Lease Liability in the books of Pernia Ltd that is in accordance with AASB16 Leases on 30 June 2022?