单选题
Assume the following capital lease: Present value (PV) of lease payments at 10 percent is $ 25000. The leased asset is depreciated straight line over 5 years. The lease payment is $ 6000. The first payment of $ 6000 is to be paid at the end of the year. On a before tax basis, the income reported under capital lease compared with that reported under an operating lease for the first year will be:
【正确答案】
C
【答案解析】
Capital Lease
Operating Lease
Interest expense
$ 2500
Rental expense
$ 6000
Depreciation expense
$ 5000
Total:
$ 7500
Total :
$ 6000
Capital
lease total expense-Operating lease total expense = $1500.