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Technordine sells computer systems. Technold leases computers to Lone Star Company on January 2018 The manufacturing cost of the computers was $2 m in This
Technordine sells computer systems. Technold leases computers to Lone Star Company on January 2018 The manufacturing cost of the computers was $2 m in This noncancelable lease had the following terms Lease payments $3.449.757 semiannually, first payment at January 1 2018, remaining payments at June 30 and December 31 each year through June 30, 2022 Lease term 5 years to semiannual payments) No residual value no purchase option Economice of egen 5 years Impliteres endlessees incremental borrowing rate semirely . For value of the computers January 1 2018 $25 million What is the outstanding balance of the lease lability in Lone Star's June balance sheet Round your answer to the nearest dollar) 525.000000 o oo 21245M Nore of these
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