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Alessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the asset's remaining economic life. life of the asset

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Alessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the asset's remaining economic life. life of the asset or the term of the lease, whichever is longer. term of the lease. O life of the asset or the term of the lease, whichever is shorter

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