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5 . 18) The Metro Company (lessee) leased equipment from Denver Industries on January 1, 2021. Denver (lessor) manufactured the equipment at a cost of

5 . 18) The Metro Company (lessee) leased equipment from Denver Industries on January 1, 2021. Denver (lessor) manufactured the equipment at a cost of $270,000. Other information: Lease term 3 years...

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