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I. On January 2, 2021, Petronila Company leased several machines from Petrakos Corporation under a three-year lease agreement. The lease calls for semiannual payments of

I. On January 2, 2021, Petronila Company leased several machines from Petrakos Corporation under a three-year lease agreement. The lease calls for semiannual payments of $15,000 each, payable on June ...

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