On January 1, 2024, Stone leased an office building. Terms of the lease require Stone to make 20 annual lease payments of $129,000 beginning on January 1, 2024. A 12% interest rate is implicit in the lease agreement. At what amount should Stone record the lease liability on January 1, 2024, before any lease payments are made? Note: Round your final answers to nearest whole dollar amount. Table, Excel, or calculator function Payment: Table, Excel, or calculator function Liability n = |= Show less A