Question On January 1, 2019, Solitaire Company leased equipment for 7 years. The lease is correctly classified as an operating lease by the lessor. Th@lease required an annual payment of $25,000 each for the first 4 years and an annual payment of $15,000 each for the remaining years. The lease agreement required Solitaire Company to pay $5,000 as annual insurance premium. On December 31, 2019, Solitaire Company paid $3,800 for repairs. Which of the following amounts was recorded as the rental revenue by the lessor at the end of Year 5? A. $20,000 B. $15,000 C. $25,000 D. $18,800