Karla Salons leased equipment from Smith Co. on July 1, 2021, in a finance lease. The present value of the lease payments discounted at 9% was $70,000. Ten annual lease payments of $10,000 are due each year beginning July 1, 2021. Smith Co. had constructed the equipment recently for $61,000, and its retail fair value was $70,000. What amount of interest revenue from the lease should Smith Co. report in its December 31, 2021, income statement? Multiple Choice $2,700. o $10,000. $6,300. $3,500