On May $1,2023,$ Oriole Corp. leased equipment to Darwin Inc. for one year under an operating lease. Instead of leasing it$,$ Darwin could have bought the equipment from Oriole for $$802000$cash. At this time, Oriole's accounting records showed a book value for the equipment of $$69900.$ Depreciation on the equipment in $2023$ was $$98000.$ During $2023,$ Darwin paid $$21500$ per month rent to Oriole for the $8-$month period, and Oriole incurred maintenance and other related costs under the terms of the lease of $$17500.$

The pre$-$tax expense reported by Darwin from this lease for the year ended December $31,2023,$ should be

$$154500.$

$$98000.$

$$172000.$

$$56500.$