KaiaCo signed an agreement on January 1, 2021 for leased equipment under a 3 year lease with payments of $8,000 on January 1, 2021, 2022, and 2023 The present value of the lease payments at a discount rate of 7 is $20,992 She uses straight line depreciation with no salvage value The lease is consi...

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KaiaCo signed an agreement on January 1, 2021 for leased equipment under a 3-year lease with...

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