Question: a 4 year operating lease beginning January 1 , 2 0 x 1 has the following schedule of required payments: year 1 $ 5 0

a 4 year operating lease beginning January 1,20x1 has the following schedule of required payments: year 1 $50,000, year 2 $25,000, year 3 $25,000, year 4 $0. What amount of revenue will a lessor recognize in year 1?

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