Richmond Car Company buys cars and sells them at a profit margin of 20% above cost. On January 1, 20X0, Richmond purchased a vehicle for $40,000 and the customer is making 6 annual lease payments of $10,000 (assume including 10% interest). The vehicle has a useful life of 6 years and has no residual value. The first payment is made immediately. What is the increase in Richmond's income (gross profit and interest) for the year 20X0 as a result of this lease?