19)On January 1, 2018, Smith Corporation entered into a four-year operating lease. The payments were as follows: $20,000 for 2018, $18,000 for 2019, $16,000 for 2020, and $14,000 for 2021. What is the correct amount of lease expense for 2019?

a)		$19,000.
b)		$17,000.
c)		$20,500.
d)		$18,000.

20)On June 4, Smith Corporation issued $400 million of bonds for $386 million. During the same year, $1 million of the bond discount was amortized. In a statement of cash flows prepared by the indirect method, Smith Corporation should report:

	a)	A financing activity of $400 million.
	b)	A deduction from net income of $1 million.
c)		An addition to net income of $1 million.
d)		An investing activity of $386 million.