Question $1.$ On $1$ October $2014,$ Fresh Company acquired an item of plant under a five$-$year lease agreement. At that date, the present value of the total lease payments was $$25m.$ The agreement had an implicit finance cost of $10\%$ per annum and required an immediate deposit of $$2m$ and annual rentals of $$6m$ paid on $30$ September each year for five years. What is the current liability of the lease in Fresh Company's statement of financial position as of $30$ September $2015?$

$(20$ marks$)$