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Fresh Fish has assets valued at $1.2 million and liabilities of $.98 million. The firm wants to obtain new equipment via a capital lease. The

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Fresh Fish has assets valued at $1.2 million and liabilities of $.98 million. The firm wants to obtain new equipment via a capital lease. The equipment costs $200,000 and the present value of the lease payments is $175,000. With the lease, the firm's balance sheet will show assets of Land liabilities of

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