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51. On January 1, 2025, Metalcraft leases a building from Capital Leasing for 10 years with a monthly lease payment of $15,000. The lease contract
51. On January 1, 2025, Metalcraft leases a building from Capital Leasing for 10 years with a monthly lease payment of $15,000. The lease contract allows Metalcraft to terminate the lease after three years by paying a cancellation clause of $225,000. At the start of the lease, Capital is reasonably certain that Metalcraft will not continue the lease past three years. What are Metalcraft's lease payments that would be used in the present-value test? 51. On January 1, 2025, Metalcraft leases a building from Capital Leasing for 10 years with a monthly lease payment of $15,000. The lease contract allows Metalcraft to terminate the lease after three years by paying a cancellation clause of $225,000. At the start of the lease, Capital is reasonably certain that Metalcraft will not continue the lease past three years. What are Metalcraft's lease payments that would be used in the present-value test
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