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BOA Financial Services leased office equipment from FED Leasing, FED eams interest under such arrangements at a 1 0 % annual rate. The lease term

BOA Financial Services leased office equipment from FED Leasing, FED eams interest under such arrangements at a 10% annual rate. The lease term is ten months with monthly payments of $65,000 due at the beginning of each month. BOA Enterprises elected the short-term lease option:
What is the net effect of the lease on BOA Enterprises' earnings after the ten-month to (ignore taxes)?
A prepaid expense of $65,000
An operating expense of $65,000 at the end of each of the 10 months.
An operating expense of $65,000 initially and $65,000 at the end of 9 months.
Tolal expense of $50,000 alloglech between amortization expense and interest
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