115 LUOTUL quesUULI WIl Save this response. Question 5 On 1/1/2017, AAA company leases equipment to BBB company for 3 years. The useful life of the equipment is 8 years. The lease calls for annual lease payments of $39,000 at the beginning of each year. There is no guaranteed residual value at the end of the lease term. The lease does not meet anyone of classification criteria. Assume the implicit rate used by the lessor is 8%, and this is known to BBB company. How much is the lease expense reported in 2017 income statement? A. $ 5,564 B. S 36,182 C. $ 41,746 D.$ 39,000 A Moving to another question will save this response. 89,693 72 MAY = 19