Pye Company leased equipment to the Polan Company on July 1, 2019, for a ten-year period expiring June 30, 2029. Equal annual payments under the lease are $80,000 and are due on July 1 of each year. The first payment was made on July 1, 2019. The rate of interest contemplated by Pye and Polan is 9%. The cash selling price of the equipment is $560,000 and the cost of the equipment on Pye's accounting records was $496,000. Assuming that the lease is appropriately recorded as a sale for accounting purposes by Eby, what is the amount of profit on the sale and the interest revenue that Pye would record for the year ended December 31, 2019? a. $64,000 and $50,400 b. $64,000 and $43,200 c. $64,000 and $21,600 d. $0 and $0