Apollo Co. leased a new machine to Doggie Co. on January 1, 2023 for an annual rental of $90,000 during the first three years, and an annual rental of $115,000 during the remaining years of the lease. The lease is an operating lease and expires on January 1, 2028. Additionally, on January 1, 2023, Doggie Co paid $60,000 to Apollo as a lease bonus and $25,000 as a security deposit to be refunded upon expiration of the lease. In Apollo's 2023 income statement, the amount of rental revenue reported should be: a. $160,000 b. $150,000 c. $185,000 d. $90,000 e. $117,000 f. $112,000 g. $102,000