Peanut Industries leased exercise equipment to Green's Gyms on January 1, 2023. The lease does not meet the criteria for classification as a finance lease or a sales-type lease. The lease agreement specifies four payments of $50,000 beginning on January 1, 2023. The present value of those payments at a discount rate of 6% is $183,651. Which of the following is true regarding the entries made on January 1 , 2023? Peanut industries records a credit to exercise equipment for $183,651 Peanut industries record a debit to cash for $50,000 Green's Gyms records a debit to teave expense for $183,051. Geteris Gyms recond a credit to lease payable of $50,000