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18 Not yet answered Marked out of 2.00 Flag question On January 1, 2018, Salalah Corporation signed a 5-year noncancelable lease for a machine, starting

18 Not yet answered Marked out of 2.00 Flag question On January 1, 2018, Salalah Corporation signed a 5-year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate is 10%..The agreement requires annual rental payments OMR 64400 at the beginning of each years, starting Jan. 1, 2018. the present value factor 4.12578. The cost of the asset is: Select one: a. 265650 b. 265700 c. 15609 d. The correct answer not available

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