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C) neither a finance lease or an D) both a finance lease and an operating lease. of use asset and a $100,000 lease liability on

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C) neither a finance lease or an D) both a finance lease and an operating lease. of use asset and a $100,000 lease liability on January 1,2023 , then immediately reduces the lease liability to $85,205 after the first of ten annual lease payments ( $14,795 each) is made that day. The lease does not feature any transfer of ownership or purchase option, the underlying asset has a 12 year useful life, and the lessor's implicit rate (known to Bey) is 10%. Bey's 2023 income statement will show A) $8,521 of interest expense and $10,000 of amortization expense. B) $8,521 of interest expense and $8,333 of amortization expense. C) $10,000 of interest expense and $10,000 of amortization expense. D) $14,795 of lease expense

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