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lefes to the following lease amortization schedule. The five payments are made annually sterting with the beginning of the lease. A $2.600 purchase option is

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lefes to the following lease amortization schedule. The five payments are made annually sterting with the beginning of the lease. A $2.600 purchase option is easonably certain to be exercised at the end of the five-yeor lease. The asset has an expected economic life of eight yoars. What is the total interest poid over the term of the lease? Mincle Croicie sabion What is the total inlerest pald over the term of the lease? Muntiple Choice $46,600 52,796 55,364 \$6.873

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