A company reports operating right$-$of$-$use assets on its balance sheet. Which of the following best describes the income statement effect related to these assets?

Select one:

a$.$

Rent expense equal to the cash paid for operating lease payments.

b$.$

Interest expense on the lease liability amortization expense on the right$-$of$-$use assets.

c$.$

Interest expense on the lease liability.

d$.$

Amortization on the right$-$of$-$use assets.