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Geron Co. recorded a right-of-use asset of $400,000 in a ten-year finance lease. The interest rate charged by the lessor was 10%. The balance in

Geron Co. recorded a right-of-use asset of $400,000 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 $440,000. $320,000. $324,000. $484,000

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