Karla Salons leased equipment from Smith Co. on July 1, 2021, in a finance lease. The present value of the lease payments discounted at 8% was $58,000. Ten annual lease payments of $8,000 are due each year beginning July 1, 2021. Smith Co. had constructed the equipment recently for $53,000, and its retail fair value was $58,000. The total decrease in earnings (pretax) in Karla's December 31, 2021, Income statement would be ignore taxes): Multiple Choice o O $6,000 34.900 $4.900 $4,640 $3,100