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Baillie Power leased high-tech electronic equipment fromCourtney Leasing on January 1, 2024. Courtney purchased theequipment from Doane Machines at a cost of $253,000, its fairvalue.Note:

Baillie Power leased high-tech electronic equipment fromCourtney Leasing on January 1, 2024. Courtney purchased theequipment from Doane Machines at a cost of $253,000, its fairvalue.Note: Use tabl 2 answers

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