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Metropolis Health System enters into a lease contract for a new pharmacy robotic drug cart equipment system. The Metropolis CFO determines that the useful life

Metropolis Health System enters into a lease contract for a new pharmacy robotic drug cart equipment system. The Metropolis CFO determines that the useful life of the drug cart system is ten years. The lease contract will run for eight years. Does this lease have to be capitalized?

A.

Don't know
B.

No
C.

Yes

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