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14. Warren Co. recorded a right-of-use asset of $800,000 in a 10-year finance lease. The interest rate charged by the lessor was 8%. The balance

14. Warren Co. recorded a right-of-use asset of $800,000 in a 10-year finance lease. The interest rate charged by the lessor was 8%. The balance in the right-of-use asset after two years will be:

A. $968,000. B. $640,000. C. $804,000. D. $640,000.

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