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  3. 1. blue co. recorded a right-of-use asset of $100,

1. Blue Co. recorded a right-of-use asset of $100,000 in a 10-year Type B lease....

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Accounting

1. Blue Co. recorded a right-of-use asset of $100,000 in a 10-year Type B lease. Payments of $16,275 are made annually at the end of each year. The interest rate charged by the lessor was 10%. Under the new ASU, the balance in the right-of-use asset after two years will be:

a.$80,000.

b.$86,823.

c.$100,000.

d.$121,000.

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