The Chocolate Cookie Company entered into a twenty-year lease at an annual rental of $4,000 a year. This lease contained a clause that the lease was not assignable without the lessors consent. Eighteen months after the lease was signed, the Chocolate Cookie Company commenced voluntary liquidation proceedings.

With the facts as in problem 7, how much could the lessor claim in the bankruptcy proceeding if the trustee terminated the lease six months after the petition was filed (after two years of the lease term had passed)? Explain.