Baskin Animal Supplies leased a trailer to Exotic Pets for use in delivering inventory. The finance lease has a 3-year term, 5% implicit rate, and begins on January 1, 2018. The lease requires a down payment of $10,000 and two equal annual lease payments on December 31 of 2018 and 2019. The list price of the trailer on the inception date is $80,000. What is the dollar amount of each annual payment that Baskin Animal Supplies will receive? Select one: a. 37,646 b. 43,024 C. 29,377 d. 25.705