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Question 1 1 points Company X acquired a capital lease that is carried on its financial statements at a present value of SAR100,000 discounted at

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Question 1 1 points Company X acquired a capital lease that is carried on its financial statements at a present value of SAR100,000 discounted at 84. its annual rental payment is SAR15,000. What is the amount of interest expense from this lease for the first and second years? First Year: 7440 Second Year: 8000 First Year: 8000 Second Year: 7440 O First Year: 8000 Second Year: 8000 First Year: 8000 Second Year: 1200

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