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Maria has a noncancelable, 10-year lease on an industrial-grade sewing machine. For accounting purposes, this is considered to be a capital lease. The life of

Maria has a noncancelable, 10-year lease on an industrial-grade sewing machine. For accounting purposes, this is considered to be a capital lease. The life of the sewing machine is 12 years. Maria must pay all taxes, maintenance costs, and insurance premiums related to this lease. Which type of lease is this? Straight Tax-oriented Financial Operating Open au: a 99

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