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Technoid Incorporated sells computer systems. Technoid leases computers to Lone. Star Company on January 1,2024. The manufacturing cost of the computers was $12 milion. This

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Technoid Incorporated sells computer systems. Technoid leases computers to Lone. Star Company on January 1,2024. The manufacturing cost of the computers was $12 milion. This noncancelable lease had the following terms: - Lease payments: $2,466,754 semiannually; first payment on January 1, 2024; remaining payments on June 30 and December 31 each year through June 30,2028, - Lease termi,five years (10 semiannual payments). - No residual value; no purchase option. - Economic life of equipment. five years - Implicit interest rate and lessee's incremental borrowing rate: 5% semlannually. - Fair value of the computers on January 1, 2024: $20 million. Lone Star Company would account for this as a(n): Multiple Croice finance lease: sales type lease whovev seaing broft sates type fewe with suling profic

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