For the following lease,under IFRS,determine the minimum present value calculation for the lessee. 
Definitions:
Effectiveness
The degree to which objectives are achieved and targeted results are met within a specified timeframe.
Referral Power
The influence one has by recommending or referring others for jobs, promotions, or social inclusion, often based on network or relationships.
Coercive Power
The ability of a person to force another to comply with demands or obligations through threats or punishment.
Leader's Power
Refers to the capacity of a leader to influence the behavior of others or the course of events.
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