• 2022-06-05
    TheLatherCorporationenteredintoaleasefor5yearsthatrequirespaymentsof$10,000peryear.Iftheleaseisclassifiedasacapitallease,whatistheamountrecordedasdebtforthisleaseattheendofoneperiodiftheappropriatediscountrateis10percent?
    A: $40,120.
    B: $37,912.
    C: $31,699.