Use the Following Information to Answer Question

Use the following information to answer question
Canin Cranes Co. leased an asset under the following terms:
-Assume Canin Cranes decides to account for the lease as a finance lease. The lessee's entry to record the leased asset and lease acquired would include a

A) debit to asset under lease for $35,500.
B) debit to asset under lease for $40,000.
C) credit to obligation under finance lease for $7,500.
D) credit to lease payable for $7,500.