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anhoe Leasing Company signs an agreement on January 1, 2017, to lease equipment to Cole Company. The following information relates to this agreement. . The

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anhoe Leasing Company signs an agreement on January 1, 2017, to lease equipment to Cole Company. The following information relates to this agreement. . The term of the . The cost of the asset to the lessor is $293,000. The fair value of the asset at January 1, 2017, is $293,000. to have a residual value of $35,445, none of which is guaranteed. . Cole Company assumes direct 55600

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