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21) On January 1, 2016, Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten annual payments of $15,000 beginning

21) On January 1, 2016, Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten annual payments of $15,000 beginning December 31, 2016. The lease is considered to be a sales-type lease. When reading the Stacie income statement, you would expect to find which of the following accounts? A) Rent Revenue B) Interest Revenue C) Rental Expense D) Interest Expense

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