Sothern Asia Ltd leased cars from a finance company. a noncancellable contract for 4 years term and started on 1st January 2013. The annual rentals are $25,000 and are made on 1 st January each year with the first rental being paid on 1st January 2013. The lessor is responsible for all maintenance, insurance, and registration for the cars and the estimated value of those services is $8,000 per year. Sothern asia expects to purchase the cars at the end of the lease as it has an option to do so at $15,000 which is below its expected fair value of $35,000 at that date. sothern asia is planning to use the fleet of cars for 5 years and the current market price of a similar 5-year-old fleet is $25,000. The fleet would have cost the company $75,000 if it had purchased the fleet on 1st January 2013. The implicit interesr rate is 20% Record what should be written in the balance sheet required in the year ended 30 june 2014