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Carla Vista Ltd. entered into a lease on June 1. 2020. The lease term is six years and requires annual rental payments of $28,500

Carla Vista Ltd. entered into a lease on June 1. 2020. The lease term is six years and requires annual rental payments of $28,500 at the beginning of each year. Carla Vista's incremental borrowing rate is 6% and the rate implicit in the lease is 9%. Click here to view the factor table PRESENT VALUE OF 1 Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUE

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