... as follows: $24,000 for 2016, $17,000 for 2017, $15,500 for 2018, and $13,500 for 2019. What is the correct amount of lease expense for 2017?
My Answer $17,000.
Corrent Answer $17,500.
$24,000.
$20,500.
2016 $24,000
2017 17,000
2018 15,500
2019 13,500
Total
$70,000
$70,000 / 4 = $17,500
What concept should I be looking for in my textbook to explain why that was the correct answer. I have asked my professor she told me that the question was complicated