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What is the correct amount of lease expense

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On January 1, 2016, Gibson Corporation entered into a four-year operating lease. The payments were as follows: $27,000 for 2016, $21,000 for 2017, $19,000 for 2018, and $15,000 for 2019. What is the correct amount of lease expense for 2017?

Reference no: EM131803148

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