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ours On January 1, 2021. Duncan Lang Services, Inc a computer software training firm leased several computers under a two-year operating lease agreement from Neble
ours On January 1, 2021. Duncan Lang Services, Inc a computer software training firm leased several computers under a two-year operating lease agreement from Neble Leasing which routinely finances equipment for other firms at an annual interest rate of 4%. The contract calls for four rent payments of $40.000 ch, payable semiannually on June 30 and December 31 each year. The computers were acquired by Neble at a cost of $360,000 and were expected to have a useful life of five years with no resdunt value. What is the amount of Amortization Expense at June 30, 2021 A53046 3336.000 $36.954 DI 515231
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