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Prepare lease amortization schedule for host co

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Reference no: EM132698188

Host Co as a lessee records a finance lease of machinery on 1/1/19. The 7 annual lease payments of $210,000 are made at the end of each year. The present value of the lease payments at 10% is $1,022,400.

Problem 1: Prepare lease amortization schedule.

Reference no: EM132698188

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