Jacob Ltd has leased a shop in a major retail district. The lease commenced on 1st July 2013 and is for 12 months. The lease payments are quarterly payments of $3,000 paid on 1st July, October, January and April with the first payment on 1st July 2013. Jacob is responsible for all utilities. Jacob expects to renew the lease for another 12 months when the lease expires at the market rental applicable at renewal date.What is the PV OF the MLP...considering that as a finance lease...and what are the asset/liabilites that need to be accounted for