Lilly Company leased equipment from Superior Leasing Co. on January 1,2023, in a finance lease. The present value of the lease payments discounts at 10% was $300,000. Elght annual lease payments of $50,000 are due each January 1 , beginning January 1,2023: The total decrease in earnings (pretax) in Lily's income statement for the year ended December 31, 2023 would be: $62.500. C.4 500 $65,500 $67,500