On June 30, 2018, Wildhorse Co. sold equipment to an unaffiliated company for $2450000. The equipment had a book value of $1305000 and a remaining useful life of 10 years. That same day, Wildhorse leased back the equipment at $12900 per month for 5 years with no option to renew the lease or repurchase the equipment. Wildhorse's rent expense for this equipment for the year ended December 31, 2018, should be

A....$129000.

B.....$103200.

C.....$309600.

D.....$77400.