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Ivanhoe Corporation entered into an operating lease to lease equipment from Oriole, Inc. on January 1 , 2 0 2 5 . The lease calls

Ivanhoe Corporation entered into an operating lease to lease equipment from Oriole, Inc. on January 1,2025. The lease calls for annual lease payments of $9,000, beginning on December 31, for each of the 5 years of the lease. In addition, Oriole, Inc. will pay Ivanhoe Corporation $2,000 as a cash incentive for entering the lease by December 31. In relation to the lease agreement, Ivanhoe incurred the following costs.
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