Question: 30 Assume the same information as in the previous problem except that the salvage value is guaranteed. Do requirements (a), (b), and (c). In addition,

30 Assume the same information as in the previous problem except that the salvage value is guaranteed.

Do requirements (a), (b), and (c). In addition, assume that when Lessee returns the machine after 3 years, the machine is only worth $6,000. Prepare an entry for the return.

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