For the Following Lease, Determine the Amount the ROU Asset

For the following lease, determine the amount the ROU asset will be initially measured at.
$\begin{array}{|l|l|}\hline \text { Annual payment (due at end of year) } & \$ 23,150 \\\hline \text { Lease term } & 5 \\\hline \text { Incremental borrowing rate } & 8 \% \\\hline \text { Implicit rate (readily determinable by lessee) } & 6 \% \\\hline \text { Guaranteed residual value } & 10,000 \\\hline \text { Expected payout under guarantee } & 10,000 \\\hline\end{array}$

A) 92,431
B) 97,516
C) 99,237
D) 104,989