BRB Co. leases a machine from Draper Lease commenced 1/1/22 4-year lease, asset life 6 years FMV $25,000, book value $20,000 Unguaranteed salvage value $8,250 Implicit and incremental rate: 5% January 1 payments: $4,892 Operating Lease Present value of payments: $18,214 BRB's 2022 journal entries will have what effect on 2022 Net Income? Select one: a. $5.219 b. 58.225 O c. $9.445 d. $4,553 e. 54,892 Brooks Company leases a machine from TCS Company on 1/1/23. Given: Asset FMV $100,000 Asset Book Value $85,000 January 1 payments $20,711 Guaranteed Salvage Value $5,000 Lessee expected salvage value $8,000 Implicit and incremental rates 4% Five-year lease, five-year asset Determine the TCS 2023 Interest Revenue Select one: O a. $3,836 O b. $3,007 O c $2,299 O d. $3.106 Oe$3,172