An annual report of Crawford Industries states: The Company and its subsidiaries have long-term leases expiring on

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An annual report of Crawford Industries states: "The Company and its subsidiaries have long-term leases expiring on various dates after December 31, 2011. Amounts payable under such commitments, without reduction for related rental income are expected to average approximately $5,711,000 annually for the next three years. Related rental income from certain subleases to others is estimated to average $3,094,000 annually for the next three years." What information is provided by this note?
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Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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