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Carley has leased a treadmill from Village Leasing for a period of one year. Village pays the maintenance, taxes, and insurance costs for this equipment.

Carley has leased a treadmill from Village Leasing for a period of one year. Village pays the maintenance, taxes, and insurance costs for this equipment. The life of the equipment is seven years. Carley has a(n) lease. A open B operating C) financial D straight E tax-oriented

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