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The Wentworth Company leased an asset from Appleton Company. Data: Asset BV: $250.000 Asset FMV: $300.000 Lessor and Lessee rate: 6% Annual 12/31 payments: $45,576

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The Wentworth Company leased an asset from Appleton Company. Data: Asset BV: $250.000 Asset FMV: $300.000 Lessor and Lessee rate: 6% Annual 12/31 payments: $45,576 Lease Commencement: 12/31/21 8-year lease, 8 year asset lite Wentworth's 2022 Interest Expense will be approximately Select one: a $15,265 Ob $30,312 O c. $12.790 O d. $18.000 O e $31.416 Brooks Company leases a machine from TCS Company on 1/1/23. Given: Asset FMV $100,000 Asset Book Value $85,000 January 1 payments $20,711 Guaranteed Salvage Value $5,000 Lessee expected salvage value $8,000 Implicit and incremental rates 4% Five-year loase, five-year asset Determine the TCS 2023 Interest Revenue Select one: O. 53,836 b. 53.007 O c $2.299 d. $3,106 O c. $3.172 The Wentworth Company leased an asset from Appleton Company. Data: Asset BV: $250.000 Asset FMV: $300.000 Lessor and Lessee rate: 6% Annual 12/31 payments: $45,576 Lease Commencement: 12/31/21 8-year lease, 8 year asset lite Wentworth's 2022 Interest Expense will be approximately Select one: a $15,265 Ob $30,312 O c. $12.790 O d. $18.000 O e $31.416 Brooks Company leases a machine from TCS Company on 1/1/23. Given: Asset FMV $100,000 Asset Book Value $85,000 January 1 payments $20,711 Guaranteed Salvage Value $5,000 Lessee expected salvage value $8,000 Implicit and incremental rates 4% Five-year loase, five-year asset Determine the TCS 2023 Interest Revenue Select one: O. 53,836 b. 53.007 O c $2.299 d. $3,106 O c. $3.172

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