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Wildhorse Co . manufactures equipment that is sold or leased. On December 3 1 , 2 0 2 5 , Wildhorse leased equipment to Dalton
Wildhorse Co manufactures equipment that is sold or leased. On December Wildhorse leased equipment to Dalton for a fiveyear period ending December at which date ownership of the leased asset will be transferred to Dalton. Equal payments under the lease are $including $ executory costs and are due on December of each year. The first payment was made on December Collectibility of the remaining lease payments is probable. The lease receivable before the first payment is $ and cost is $ For the year ended December what amount of income should Wildhorse realize from the lease transaction?
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