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Question 3 Incorrect Mark 0.00 out of 1.00 P Flag question Edit question Outdoor Corp. disclosed the following lease information in its 2013 annual report

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Question 3 Incorrect Mark 0.00 out of 1.00 P Flag question Edit question Outdoor Corp. disclosed the following lease information in its 2013 annual report (in millions). Aggregate expected maturities of long-term debt and scheduled capital lease payments for the years shown are as follows: Scheduled Capital Long-Term Lease Payments Debt Maturities $1,009 $2,902 1,000 2014 2015 2016 2017 2018 Thereafter 1,000 1,000 1,000 21.500 26,509 (13.132) $13.377 8,143 8,143 8,143 307.571 $334,902 Capital lease representing interest Present value of net scheduled lease payments What lease liability does Outdoor Corp.report on its balance sheet at December 31, 2013? Select one: A $13,377 B.513,132 x C. $ 26,509 D. $361,656 E. Present value of operating lease payments, which must be calculated because it is not provided in the footnote above

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