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Happy Corporation does not use a portion of its factory. So, it rents this unused part to another company for $1,230 per month. The rental
Happy Corporation does not use a portion of its factory. So, it rents this unused part to another company for $1,230 per month. The rental agreement will expire the following month. Happy Corporation is thinking about using the space itself to store certain materials, instead of renewing the agreement. The term to describe the amount of $1,230 per month is:
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