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    sandeepgill's Avatar
    sandeepgill Posts: 2, Reputation: 1
    New Member
    		  
    #1

    May 25, 2010, 09:34 AM
    Leases
    . Johnson Institute leased a new machine having an expected useful life of 12 years. The noncancelable lease term is 10 years, and Johnson may exercise a purchase option at the end of the noncancelable term. The machine should be capitalized by Johnson and depreciated over
    a. 9 years.
    b. 12 years.
    c. 10 years.
    d. 10 or 12 years at Johnson's option.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    May 26, 2010, 03:55 AM

    Please always start your own thread for you question rather than tagging onto someone else's, and please don't duplicate-post. I've deleted your other post.

    Also see the guidelines about posting homework:
    https://www.askmehelpdesk.com/arts-l...-b-u-font.html
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