Karla Salons leased equipment from Smith Company on July 1, 2024, in a finance lease. The present value of the lease payments discounted at 12% was $41,100. Ten annual lease payments of $6,500 are due each year beginning July 1, 2024. Smith Company had constructed the equipment recently for $35,500, and its retail fair value was $41,100. What amount of interest revenue from the lease should Smith Company report in its income statement for the year ended December 31, 2024? Multiple Choice $6,500 $2,055 $2,076 $4,932