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Exercise 15-1 (Static) Lease classification [LO15-1] Required: Each of the four independent situations above describes a lease requiring annugl lease payments of $10.000 For each

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Exercise 15-1 (Static) Lease classification [LO15-1] Required: Each of the four independent situations above describes a lease requiring annugl lease payments of $10.000 For each situotion determine the appropriate tease classification by the lessee Note: Use tables, Excel, or a financial calculetor. (FV of S1, PV of S1. EVA of S1, PVA. of S1, EVAD of SI ond PVAD of S)

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