What is the correct amount of lease expense for 2014

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on January 1, 2013 Gibson corporation entered into a four-year operating lease. The payments were as follows. $21000 in 2012, $19000 in 2013, 16,000 in 2014, 14000 in 2015. What is the correct amount of lease expense for 2014

Reference no: EM13328268

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What is the correct amount of lease expense for 2014 : on January 1, 2013 Gibson corporation entered into a four-year operating lease. The payments were as follows. $21000 in 2012, $19000 in 2013, 16,000 in 2014, 14000 in 2015.

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