Alpine Ltd Signed a 10-Year Non-Cancellable Lease with Mt Buller

Alpine Ltd signed a 10-year non-cancellable lease with Mt Buller Ltd for the use of high-tech equipment. No bargain purchase option is provided in the lease contract.
The following information is available.

What is the amount to be recorded as an asset and a liability in the books of the lessee that is in accordance with AASB 117 "Leases"?

A) $0;
B) $120 000;
C) $125 000;
D) $200 000;
E) None of the given answers