How much will net income increase for Jones during Year One because of this lease?

/in /by

Jones buys widgets and marks them up 20 percent and sells them. On January 1, Year One, Jones buys a widget for $30,000 but this time Jones leases the item to another company for its entire 10 year life. Jones sets the annual payments (which begin immediately) at $5,300 in order to earn an annual interest rate of 10 percent. How much will net income increase for Jones during Year One because of this lease?
$2,470
$3,000
$6,000
$9,070