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Ownership of the machine transfers to Sun at the end of the lease term. In its December 31, Year 2, balance sheet, Sun should report
Ownership of the machine transfers to Sun at the end of the lease term. In its December 31, Year 2, balance sheet, Sun should report a right-of-use asset equal to A. $89,400 B. $93,125 C. $100,000 D. $111,750
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