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Help Save & Exit Submit N Corp. entered into a nine year finance lease on a warehouse on December 31, 2021. Lease payments of $31.000,

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Help Save & Exit Submit N Corp. entered into a nine year finance lease on a warehouse on December 31, 2021. Lease payments of $31.000, which includes maintenance services of $1100, are due annually, beginning on December 31, 2022, and every December 31 thereafter N Corp. does not know the interest rate implicit in the lease; N's incremental borrowing rate is 13%. The rounded present value of an ordinary annuity for nine years at 13% is 5.1317. What amount should N report as recorded lease liability at December 31, 2021? Multiple Choice O $152,436 $159.03 o oo 0 $269100

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