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2 J 1.00 On 31.12. 2018, Salalah Corporation signed a 5- year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate

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2 J 1.00 On 31.12. 2018, Salalah Corporation signed a 5- year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate is 10%. The cost of the asset Omr 343000 .The agreement requires annual rental payments Omr 64400 at the end of each year, the amount of reduction with first annual payment is a. 644000 b. 34300 0 C. 987000 d. The correct answer not available e. 30100

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