Question: Python Company leased equipment from Hope Leasing on January 1 , 2 0 2 4 . Hope recently purchased the equipment at a cost of

Python Company leased equipment from Hope Leasing on January 1,2024. Hope recently purchased the equipment at a cost of $296,629.
\table[[Other information:,4 years],[Lease term,$84,000 on January 1 each year],[Annual payments,4 years],[Life of asset,$296,629
Python Company leased equipment from Hope Leasing on January 1,2024. Hope

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