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Durney Co. recorded a right-of-use asset of $760,000 in a ten year finance lease. The interest rate charged by the lessor was 10%. The balance

Durney Co. recorded a right-of-use asset of $760,000 in a ten year finance lease. The interest rate charged by the lessor was 10%. The balance in the right of use asset after two years will be: Multiple Choice $836.000 $615,600 $684,000 $608.000

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