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on january 1, 2016, gibson corporation entered into a four-year operating lease. the payments were as follows: $23,000 for 2016, $18,500 for 2017, $17,500 for

on january 1, 2016, gibson corporation entered into a four-year operating lease. the payments were as follows: $23,000 for 2016, $18,500 for 2017, $17,500 for 2018, and $14,000 for 2019. what is the correct amount of lease expense for 2017? $23,000 $20,750 $18,250 $18,500

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