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Hux Investments leased equipment from a leasing company on July 1, 2018 in a finance lease.. The present value of the lease payments discounted at

Hux Investments leased equipment from a leasing company on July 1, 2018 in a finance lease.. The present value of the lease payments discounted at 10% was $75,600. Ten annual lease payments of $8,630 are due each July 1, beginning July 1, 2018. On December 31, 2018, what is the lease payable?

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