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For lease, what is the initially measured amount for the ROU asset? Round to the...

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Question

Accounting

For lease, what is the initially measured amount for the ROU asset? Round to the nearest whole dollar

annual payment(due on commencement lease date)

$23 104

lease term

5

incremental borrowing rate

10%

implicit rate(not readily determinable by lessee)

8%

unguaranteed residual value

n/a

guaranteed residual value

$20 000

Expected payout under guarantee

$12 000

a. $93 792

b. $108 759

c. $103 792

d. $107 794

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