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Old MathJax webview July 1,2020, shroff company leased a warehouse building under a 10-year lease agreement. The lease requires quarterly lease payments of $4500. The

Old MathJax webview

July 1,2020, shroff company leased a warehouse building under a 10-year lease agreement. The lease requires quarterly lease payments of $4500. The first lease payment is due on September 30, 2020. The lease was reported as a finance lease using a 8% annual interest rate.

what is the amortized expense and accumulated amortization

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