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Alease liability is initially recorded at P2,561,000. It has an implicit rate of 10% and annual lease payments are P400,000 payable every year starting next

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Alease liability is initially recorded at P2,561,000. It has an implicit rate of 10% and annual lease payments are P400,000 payable every year starting next year. After 3 payments, what is the balance of the lease liability? O 2.084.691 O 2.153.501 O 1.954,640 1,361.000

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