24. Crocket Manufacturing leased equipment from Culberson Co. on July 1, 2021, in a finance lease. The present value of the lease payments discounted at 8% was $58,000. Ten annual lease payments of $8,000 are due each year beginning July 1, 2021. Culberson Co. had constructed the equidment recently for $53,000 and its retail fair value was $58.000. What amount did Culberson Co. record in its income statement for the reporting year ending December 31, 2021, in connection with the lease? (ignore taxes) A. $5000 b. $9000 $. $7000 d. $2000