Hurt Corporation acquired a capital lease that is carried on its books at a present value of $100,000 (discounted at 12%). Its annual lease payment is $15,000. What is the amount of interest expense from this lease? First Year $ Second Year $ A) 12,000 10,200 B) 12,000 11,640 C) 12,000 12,350 D) 15,000 15,000