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Warren Co. recorded a right-of-use asset of $840,000 in a 10-year finance lease. The interest rate charged by the lessor was 12%. The balance in
Warren Co. recorded a right-of-use asset of $840,000 in a 10-year finance lease. The interest rate charged by the lessor was 12%. The balance in the right-of-use asset after three years will be: Multiple Choice $841,867. $970,667 O U O $596,400. O O $588,000
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