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March 2, 2019. The lease was properly classified as an operating lease. Required: 1. Compute the income before income taxes derived by Reuben from this
March 2, 2019. The lease was properly classified as an operating lease. Required: 1. Compute the income before income taxes derived by Reuben from this lease for the calendar year ended December 31,2019. x 2. Compute the amount of rent expense incurred by Owens from this lease for the calendar year ended December 31,2019 . x
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