QUESTION 19 On February 1, 2019, Asra Oil Company, uses successful cost approach, obtained a shooting right coupled with an option to lease on 10,000 acres at a total cost of $12,000. Based on the result, Asra decided to acquire the lease and paid lease bonus of $120,000 on June 1, 2019. Asra also paid $10,000 delinquent taxes (recoverable) on the property. Asra decides not to drill on the lease during the first year. Wishing to retain the lease. Asra paid a delay rental of $12,000 on June 2, 2020. Asra had still not started drilling by the end of the second year, as such paid a delay rental of $15,000 on June 2, 2021. How much is the total cash payment paid for the amount of delay rental? A. $17,000 O B. $12,000 OC. $15,000 O D. $27,000