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Rex Corporation (lessor) and Lee Company (lessee) agreed to alease with the following information.? Rex??s carrying value of the underlying asset (inventory item)was $200,000.? Lease

Rex Corporation (lessor) and Lee Company (lessee) agreed to alease with the following information.â?¢ Rexâ??s carrying value of the underlying asset (inventory item)was $200,000.â?¢ Lease term is 2 answers

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