Question: Current Attempt in Progress Crane Company has a machine with a cost of $ 6 4 2 0 0 0 which also is its fair

Current Attempt in Progress
Crane Company has a machine with a cost of $642000 which also is its fair value on the date the machine is leased to Park Company. The lease is for 6 years and the machine is estimated to have an unguaranteed residual value of $63000. If the lessor's interest rate implicit in the lease is 10%, the 6 beginning-of-the-year lease payments would be
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$134007.
$126584.
$120857.
$107000.
 Current Attempt in Progress Crane Company has a machine with a

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