On March 1, 2019, Lana Leases and Places in Service

Multiple Choice

On March 1, 2019, Lana leases and places in service a passenger automobile.The lease will run for five years and the payments are $500 per month.During 2019, she uses her car 60% for business and 40% for personal activities.Assuming the dollar amount from the IRS table for auto leases is $70, determine Lana's gross income attributable to the lease.

A) $0
B) $35
C) $59
D) $70