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What is the annual lease payments of the lessee

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Reference no: EM133100290

Question - FLL Inc., a manufacturer and sales type lessor, leased a machine with a cash selling price of 2,738,081 and a manufacturing cost of 1,500,000. The lease term is 4 years and annual rentals are due at the beginning of each year. What is the annual lease payments of the lessee for FLL Inc. to earn 10%?

Reference no: EM133100290

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