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Blossom company specialize in leasing large storage units to other businesses blossom enter the contract to lease a storage unit to wild ink for four

Blossom company specialize in leasing large storage units to other businesses blossom enter the contract to lease a storage unit to wild ink for four years when that particular storage unit had a mini life of five years the fair value of the unit was $3000 at the commencement of the lease on January 1,2025 the present value of the five equal rental payments of 8295 the start of each year plus the present value of a guaranteed residential value of $1000 equals a fair value of $30,000 blossom implicate rate return lease of 9% the following is correct complete schedule created
\table[[Date,Lease Payment,\table[[Lease],[Receivable]],\table[[Lease],[Receivable]],\table[[Lease],[Receivable]]],[11?25,,,,$30,000
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