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Explain the effects of the proposed lease standards (topic 842) would have on the following: Presentation on the financial statements. How assets and liabilities would

Explain the effects of the proposed lease standards (topic 842) would have on the following:

Presentation on the financial statements.

How assets and liabilities would be computed.

The effect to lease expense due to Front Loading.

Interest charges.

Year-end reporting.

Financial disclosure notes.

Income taxes.

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