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On 31.12. 2018, Salalah Corporation signed a 5-year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate is 10%. The cost

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On 31.12. 2018, Salalah Corporation signed a 5-year noncancelable lease for a machine, starting January 1, 2018. Salalah's incremental borrowing rate is 10%. The cost of the asset Omr 647000 .The agreement requires annual rental payments Omr 84500 ending of each year, the amount of interest with first annual payment is: Select one: a. 64700 b. zero c. The correct answer not available d. 8450

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