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. On January 2, 2021, Norl Mining Co. (lessee) entered Into a 5-year lease for drilling equipment. Nori accounted for the acquisition as a finance

. On January 2, 2021, Norl Mining Co. (lessee) entered Into a 5-year lease for drilling equipment. Nori accounted for the acquisition as a finance lease for $317,600, which Includes a $6,400 purchas...

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