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Question 14 10 points Hunt Company leased equipment from Yang Leasing on January 1, 2019. Young manufactured the equipment at a cost of $93,500 The

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Question 14 10 points Hunt Company leased equipment from Yang Leasing on January 1, 2019. Young manufactured the equipment at a cost of $93,500 The lease agreement that qualifies as a finance lease The lease agreement specifies five annual payment of $38,751 beginning January 1, 2019, the beginning of the lense, and at each December 31 thereafter through 2022. The present value of the lease payments is $170,000 The essere useful life is 5 years. The interest rate is 7% Propare ALL 2019 entries required by Yong Leasing to be made on this lease How will this lease impact Yang's 2019 earnings? Will earnings increase or decrease and by what amount? Again, show support for your

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