On January 1, 2021, Santee Company leased equipment, with a fair value of $25,771 and cost of $20,000, to Bellimoso Company under a 3-year lease. The economic life of the asset is 4 years. The present value of the lease payments equals $25,771 and $10,000 in annual lease payments are due at the end of each year of the lease. An implied rate of 8% is assumed. What entry does the lessor make on January 1, 2021? Credit OA OB OG OD 8 Cash Cost of goods sold Sales revenue Inventory Cash Lease receivable Lease receivable Cost of goods sold Sales revenue Inventory Lease receivable Gross profit Inventory Debit 10,000 20,000 Debit 10,000 Debit 25,771 20,000 Debit 25,771 10,000 20,000 Credit 10,000 Credit 25,771 20,000 Credit 5,771 20,000