give reasons.. ty

Z&L Realty, a lessee, paid $50,000 to acquire lease in a new shopping center in Larchmont, NY; $26,000 is attributable to the first ten years and $24,000 is attributable to a ten year option period. In year four, the lessee paid $7, 500 to cancel the said lease as a result of traffic and sales volume not meeting its anticipated expectations. As such, the lessee arranged to relocate back to its old space down the road and concurrently signed a new 12 year lease. What is the treatment of the $7, 500 payment? It would be deductible/expensed immediately in the current period. It would be recovered over the remaining term of the original lease; exclusive of the renewal option. It would be recovered over the remaining term of the original lease; inclusive of the renewal option. It would be recovered using straight-line over the new lease term. It would be capitalized and not amortized, depreciated nor depleted