Question: 9 . 1 0 . Question Workspace Porter Corporation NOTE: The following multiple choice questions require present value information. On January 1 , 2 0

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Question Workspace
Porter Corporation
NOTE: The following multiple choice questions require present value information.
On January 1,2012, Porter Corporation signed a five-year non-cancelable lease for certain machinery. The terms of the lease called for:
What accounting method should Porter use to account for the equipment lease?

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