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Warren Co. recorded a right-of-use asset of $840,000 in a 12-year Type A lease. The interest rate charged by the lessor was 10%. Under the

Warren Co. recorded a right-of-use asset of $840,000 in a 12-year Type A lease. The interest rate charged by the lessor was 10%. Under the new ASU, the balance in the right-of-use asset after 3 years will be:

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