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What is the correct amount of total lease expense

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Question - On January 1, 2018, Gibson Corporation entered into a four-year operating lease. The payments were as follows: $24,000 for 2018, $19,500 for 2019, $17,500 for 2020, and $14,000 for 2021. What is the correct amount of total lease expense for 2019?

a. $21,750.

b. $18,750.

c. $24,000.

d. $19,500.

Reference no: EM132579446

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