How would these operating leases appear on funtime

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Reference no: EM133326861

Case: The Company leases various buildings, computer and other equipment, and storage space under operating leases with terms greater than 12 months. The leases expire on various dates through January 2040. Rent expense on these leases was $27,210, $19,081, and $15,012, for 2022, 2021, and 2020, respectively.

How would these operating leases appear (or not) on FunTime's 2022 balance sheet and income statement?

Reference no: EM133326861

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