A 4 -year lease agreement was signed by the lessee and lessor on 30 June 2019. Residual value guaranteed by the lessee at the end of the lease term is $30,000. Annual lease payments are $50,000 made in arrears and the interest rate implicit in the lease is 6%. The lease payment schedule prepared by the lessee is shown below: LEASE SCHEDULE FOR LESSEE Date MLP Interest Liability Liability Expense Reduction Balance 30-Jun-19 197 018 30-Jun-20 50,000 11 821 38,179 158,839 30-Jun-21 50,000 9,530 40,470 118,369 130-Jun-22 50,000 7,102 42,898 75,472 30-Jun-23 80,000 4,528 75,472 Based on the above schedule, the journal entry to be recorded for the lease payment on 30 June 2021 in the books of the lessee is: Select one: O a DR Lease Liability 40,470 DR Interest Expense 9,530 CR Cash 50,000 O b. DR Lease Receivable 40,470 DR Interest Revenue 9,530 CR Cash 50,000 O C. DR Lease Liability 11,821 DR Interest Expense 38, 179 CR Cash 50,000 O d. DR Cash 40,470 DR Interest Expense 9,530 CR Lease Liability 50,000