On February 1,2016,Pearson Corporation Became the Lessee of Equipment Under

On February 1,2016,Pearson Corporation became the lessee of equipment under a five-year,noncancelable lease.The estimated economic life of the equipment is eight years.The fair value of the equipment was $600,000.The lease does not meet the definition of a capital lease in terms of a bargain purchase option,transfer of title,or the lease term.However,Pearson must classify this as a capital lease if the present value of the minimum lease payments is at least

A) $600,000.
B) $540,000.
C) $450,000.
D) $405,000.