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Question 22 4 pts Jones Company signed a lease on August 3, 2019 to lease equipment from Clark, Inc. The lease calls for payments of

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Question 22 4 pts Jones Company signed a lease on August 3, 2019 to lease equipment from Clark, Inc. The lease calls for payments of $29,000 each year starting on August 3, 2019. The expected residual value at the end of the six-year lease term is $22,000. However, negotiations between Jones and Clark led Jones to guarantee that the residual value at the end of the lease term would be $31,000. Clark's implicit rate of return for this lease is 9%. At what amount would Jones record the right-of-use asset on August 3, 2019

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