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Lessee Oscar and lessor Susan on January 1, 2019, entered into a6-year non-cancelable lease for equipment having a useful life of12 years. Lessee's incremental borrowing

Lessee Oscar and lessor Susan on January 1, 2019, entered into a6-year non-cancelable lease for equipment having a useful life of12 years. Lessee's incremental borrowing rate is 10% while lessor'si 2 answers

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