A municipality signs a three$-$year lease for construction equipment agreeing to make annual payments of $$200,000.$ Based on an interest rate of $4$ percent that is implicit in the agreement, the present value of liability is $$555,018$

How much Lease Interest should be recorded in Debt Service Fund at Year $3?$

A$)$$ $22,200\mathrm{.}72$

B$)$$$15,088\mathrm{.}75$

C$)$$ $7,692\mathrm{.}30$

D$)$$$0$