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Aflac Corporation leased machinery under a finance lease arrangement with hesleme At January 1, 2021,...

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Accounting

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Aflac Corporation leased machinery under a finance lease arrangement with hesleme At January 1, 2021, the first day of the we, these and one obligation were recorded for $68,000. The first lease payment of $13.776 was due December 31, 2021 and the interest rate they wed in the calculation was 7%. The lease term was 10 years. Which of the following best describes what would be reported on Allac's swement of income for the year ending December 31 20212 Multiple Choice O $13.276 lease expense, $6.000 depreciation expense O $4760 interest expense, $6,800 depreciation expense $13,276 lease expense 54.760 interest expense. $2040 depreciation expense Activate Wind

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