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A lease that is properly classified as an operating lease consistent with ASC Topic 842 has the following payment structure over the five-year lease period:

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A lease that is properly classified as an operating lease consistent with ASC Topic 842 has the following payment structure over the five-year lease period: 20x1: 20X2: 20X3-20x5: $ 0 $10,000 30,000/year Operating expense recognized for 20x1 should be Multiple Choice $30,000 O $0 o $20,000 O $10,000

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