試題詳解

7. Taida Co. leased equipment to X Co. on July 1, 2018, and properly recorded the sales-type lease at $135,000, the present value of the lease payments discounted at 10%. The first of eight annual lease payments of $20,000 due at the beginning of each year of the Icase term was received and recorded on July 3,2018. Taida had purchased the equipment for $110,000. What amount of interest revenue from the lease should Taida report in its 2018 income statement?
(A) $0
(B) $5,500
(C) $5,750
(D) $11,500