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For the following lease, determine the lessor's net investment in lease (lease receivable) The lessor reports under IFRS. Annual payment (due $22,000 at beginning of
For the following lease, determine the lessor's net investment in lease (lease receivable) The lessor reports under IFRS. Annual payment (due $22,000 at beginning of year) Lease term 15 Incremental 10% borrowing rate Implicit rate (known 18% to the lessee) Unguaranteed $15.000 residual value A $101.051 B) $105.076 C) $94,867 D) $91.737
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