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Blossom Company leased machinery to Conecuh Company on January 1 , 2 0 2 5 , for a ten - year period expiring December 3

Blossom Company leased machinery to Conecuh Company on January 1,2025, for a ten-year period expiring December 31,2034. Equal annual payments under the lease are $301000 and are due on January 1 of each year. The first payment was made on January 1,2025. The rate of interest used by Blossom and Conecuh is 9%. The cash selling price of the machinery is $2107000 and the cost of the machinery on Blossom's accounting records was $1861000. Assuming that the lease is appropriately recorded as a sale for accounting purposes by Blossom, what amount of interest revenue would Blossom record for the year ended December 31,2025?
$189110
$162411
$79710
$162540
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