Refer to the following lease amortization schedule. The 10 payments are made annually starting with the beginning of the lease. Title does not transfer to the lessee and there is no purchase option or guaranteed residual value. The asset has an expected economic life of 12 years. The lease is noncancelable. Cash Payment Effective Interest Decrease in balance Payment 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 6,394 5,961 5,476 4,934 4,326 3,645 2,882 10,000 3,606 4,039 4,524 5,066 5,674 Outstanding Balance 63,282 53,282 49,676 45,637 41,113 36,047 30, 373 24,918 6,355 7, 118 16,900 What is the total effective interest paid over the term of the lease? Seved S53.282. S36,717. S63,282 S100.000