On 1 April 20X7, Fino Co increased the operating capacity of its plant. On the recommendation of the finance director, Fino Co entered into an agreement to lease the plant from the manufacturer. An initial payment is made on 1 April 20X7 and the present value of the future lease payments at that date is <img src="null"/>100,000 per annum, commencing on 1 April 20X8. The rate of interest implicit in the lease is 10%. The lease does not transfer ownership of the plant to Fino Co by the end of the lease term and there is no purchase option available. <br/> What is the total of the lease liability at 31 March 20X8 in respect of this plant? <br/> A、<img src="null"/>173,500<br/> C、<img src="null"/>90,850