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On January 1, 2024, Perez Properties leased a warehouse to Jensen Distributors. The operating lease provided for a nonrefundable bonus paid by Jensen. Perez should

On January 1, 2024, Perez Properties leased a warehouse to Jensen Distributors. The operating lease provided for a nonrefundable bonus paid by Jensen. Perez should recognize the bonus in earnings: Multiple Choice Over the life of the lease. At the expiration of the lease At the beginning of the lease When the bonus is received

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