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Red Co. recorded a right-of-use asset of $115,000 in a 10 -year finance lease. Payments of $18,716 are made annually at the end of each

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Red Co. recorded a right-of-use asset of $115,000 in a 10 -year finance lease. Payments of $18,716 are made annually at the end of each year, The interest rate charged by the lessor and known by Red was 10%. The balance in the lease payable after two years will be: (Round your final answer to the nearest whole dollar.) Mutiple Choice $133750 $92,000 309,846. $139,150

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