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On December 1, 2021, Crane Corporation leased office space for 10 years at a monthly rental of 591000. On that date Crane paid the landlord

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On December 1, 2021, Crane Corporation leased office space for 10 years at a monthly rental of 591000. On that date Crane paid the landlord the following amounts: Rent deposit $91000 First month's rent 91000 Last month's rent 91000 Installation of new walls and offices 728400 $1001400 The entire amount of $1001400 was charged to rent expense in 2021. What amount should Crane have charged to expense for the year ended December 31, 2021? O $728400 O 591000 $188070 597070

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