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Business, 19.02.2020 02:47 oliup567

Each of the three independent situations below describes a finance lease in which annual lease payments are payable atthe beginning of each year. The lessee is aware of the lessor‘s implicit rate of return. A1 2 3lemhull Mus) IO 20 ILam's m ofmn (lawn by lessee) I 1% 9% 12%Lama's ham borrowing m 12% 10% 10%Fir who of Ions. asset 3900.000 3900.000 8105.000Required:For each situation, determine:a. The amount of the annual lease payments as calculated by the lessor. b. The amount the lessee would record as a right-of-use asset and a lease liability.

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