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Refer to the following lease amortization schedule. The 1 0 payments are made annually starting with the beginning of the lease. Title does not transfer
Refer to the following lease amortization schedule. The payments are made annually starting with the beginning of the lease. Title does not transfer to the lessee and there is no purchase option. The asset has an expected economic life of years.
What is the outstanding balance after payment
Note: Round your answer to the nearest whole dollar.
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