The following relate to an operating lease agreement:

1. The lease term is 3 years, beginning January 1, 2021.
2. The leased asset cost the lessor $760,000 and had a useful life of eight years with no residual value. The lessor uses straight-line depreciation for its depreciable assets.
3. Annual lease payments at the beginning of each year were $134,500.
4. Incremental costs of negotiating and consummating the completed lease transaction incurred by the lessor were $4,950.

a. record the lease revenue

b. record the cash received

c. record the cost of the lease

d. record the depreciation

e. record the lease revenue

f. record the cash received

g. record the cost of the lease

h. record the depreciation

i. record the lease revenue