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Nixon, Inc., leased scientificequipment from Payton Company on January 1st, 2023. Paytonmanufactured the equipment at a cost of $200,000. The scientificequipment has a fair value

Nixon, Inc., leased scientificequipment from Payton Company on January 1st, 2023. Paytonmanufactured the equipment at a cost of $200,000. The scientificequipment has a fair value of $260,000.Info 2 answers

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