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part f Teal Mountain Gompany leases an automobile with a fair value of ( $ 15,005 ) from John Simon Motors, Inc., on the following

part f Teal Mountain Gompany leases an automobile with a fair value of \( \$ 15,005 \) from John Simon Motors, Inc., on the following terms: 1. Non-cancelable term of 50 months. 2. Rental of \( \$ 300 \) per 2 answers

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