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Doctors Green and Brown enter into a lease contract for a roomful of new infusion equipment. The terms of their lease contract allow them to
Doctors Green and Brown enter into a lease contract for a roomful of new infusion equipment. The terms of their lease contract allow them to buy the equipment at the end of the five-year lease for one dollar. Does this lease have to be capitalized?
A. Yes
B. No
C. Green and Brown are incompetent
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