17) The K Company Leased a machine for L Company with the following terms: Cost of machine $ 500,000; estimated economic life is 5 years; estimated residual value is $50,000; - lease term is 5 years; rent is payable at beginning of each year; assumed interest rate is 10%. The annual rent is: A. $119,908 B. $112,463 C. $ 90,000 D. None of these, A) $119,908 B) $112,463 C) $ 90,000 D) None of these