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Question 21 5 points Technold Inc, sells computer systems. Technold leases computers to Lone Star Company on January 1, 2016. The manufacturing cost of the

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Question 21 5 points Technold Inc, sells computer systems. Technold leases computers to Lone Star Company on January 1, 2016. The manufacturing cost of the computers was 32 million This noncancelable lease had the following terms Lease payments: $2.466,754 semiannually, first payment at January 1, 2018 remaining payments at june 30 and December 31 each year through June 30, 2022 Lease term five years (10 semiannual payments) No residual value, no purchase option Economic life of equipment five years. Implicit interest rate and lessee's incremental borrowing rate: 5% semiannually Fair value of the computers at January 1, 2016: 520 million Lone Star Company would debit Right of use-Asset and credit Lease liability for this amount A) $20,000,000 B) 519,047,608 $32.577.927 D) $24. 667.540

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