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TB Problem 5-173 (Algo) Each of the independent situations... Each of the independent situations below describes a finance lease in which annual lease payments are

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TB Problem 5-173 (Algo) Each of the independent situations... Each of the independent situations below describes a finance lease in which annual lease payments are payable at the beginning of each year. The lessee is aware of the lessor's implicit interest rate. For convenience, here are some time values of $1 : Required: For each situation determine the amount recorded as a liability by the lessee at the beginning of the lease. Note: Round your intermediate and final answer to the nearest whole dollar

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