Lane Co. has a machine that cost $200,000. It is to be leased for 20 years with rent received at the beginning of each year. Lane wants a return of 10%. Calculate the amount of the annual rent. Present Value of Period Ordinary Annuity 19 8.36492 20 8.51356 21 8.64869 A) $21,356 B) $23,909 C) 29,728 D) $23,492