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138The Bobo Company leased equipment from Bolinger Industries on January 1, 2013. Bolinger purchased the equipment at a cost of $270,000. Other information: Lease term

138The Bobo Company leased equipment from Bolinger Industries on January 1, 2013. Bolinger purchased the equipment at a cost of $270,000. Other information: Lease term 3 years Annual payments $120,00...

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