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sandeepgill
May 25, 2010, 09:34 AM
. 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
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-literature/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html