On December 1, 2021, Sunland Corporation leased office space for 10 years at a monthly rental of $74000. On that date Sunland paid the landlord the following amounts: Rent deposit $74000 First month's rent 74000 Last month's rent 74000 Installation of new walls and offices 592800 $814800 The entire amount of $814800 was charged to rent expense in 2021. What amount should Sunland have charged to expense for the year ended December 31, 2021

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease