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Shamrock Company leases equipment for 8 years with an annual rental of $2,300 per year...

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Accounting

Shamrock Company leases equipment for 8 years with an annual rental of $2,300 per year or $18,400 in total. General Leasing (t) lessor) agrees to provide Shamrock with $300 for the first 2 years of the lease to defray needed repairs to the equipment.
Determine the lease payments that Shamrock will pay for the first 3 years of the lease agreement.
Lease payments $
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