On January 1, 2014, Denise Company Signed a Lease Agreement $\quad$

On January 1, 2014, Denise Company signed a lease agreement requiring ten annual payments of $14,000, beginning December 31, 2014. The agreement was classified as a capital lease. When reviewing Denise's accounting records, which of the following would not be expected?

A) Leased Equipment $\quad$$\quad$ 105,210
Capital Lease Obligation $\quad$$\quad$ 105,210

B) Interest Expense $\quad$$\quad$ 7,365
Obligation Under Capital Leases $\quad$$\quad$ 6,635
Cash $\quad$$\quad$$\quad$ 14,000

C) Depreciation Expense: Leased Equipment $\quad$$\quad$$\quad$ 10,521
Accumulated Depreciation:
Leased Equipment $\quad$$\quad$$\quad$$\quad$ 10,521

D) Rent Expense $\quad$$\quad$$\quad$ 14,000
Cash $\quad$$\quad$$\quad$$\quad$ 14,000