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On October 1 , 2 0 2 1 , Sonoma Company leased equipment from Napa Inc. in lease payable in five equal annual payments of
On October Sonoma Company leased equipment from Napa Inc. in lease payable in five equal annual payments of $ beginning Oct Similar transactions have carried an interest rate. The rightofuse asset would be recorded at: FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $Use appropriate factors from the tables provided.
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