what should this lessee report as its current liability for this lease?

On December 31, Year One, a company leases equipment for 8 years, its entire life. Payments are $10,000 per year on December 31 with the first one made immediately. The present value of these payments at the lessee’s incremental borrowing rate of 10 percent per year is assumed to be $58,000. On the December 31, Year One balance sheet, what should this lessee report as its current liability for this lease?
$0
$5,200
$6,000
$10,000