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Exercise 20-3 The folowing facts are for a non-cinotable lovie spresent butmiin Cullumber Corporation and Ruspill Corporation, a list: Inception dabe July 1, 2030 Annual It out payment due at the beginning of each year starting July 1. 2Mag Carpin purchase option price it and of loose tom memorably curtain to be wordend by Ruined 5 4.180.00 Fake volupt of assert M MY 1, 2020 Levisitor's impllot rite The putit ity of the bow paymenty himemorably predictable. and then any no Important uncertainty about costs that have not not been Ingand by the loves The laisse Colodate the amount of the right-of-use suit and lease Mobility, (found factor valves to S doohowl places, e.p. 1.25834 and mal answers to } akin plio 60. 52.75) Amount\fPrepare the Journal entries on the levine's books to reflect the ilgning of the lease agreement and to record the payments and experia related to this leave for the year 2030 and 3021. Puttheir manual accounting parled ends on December 31, and Ruined dot not use rovening intrici. (Credit account Lines are accomackally indented when the amcone is catered. Do not indent manually. Round answers to ] decimal phens, ag. 52.95.) Dude Account Titles and Explanation Credit (To ricard Inception and payment of lease.) (To record Incoreit. ] (To record depreciation poopmise)