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podryga [215]
3 years ago
14

On January 1, 2021, PokemonGo Company leased equipment to Waldo Corporation under a lease agreement that qualifies as an operati

ng lease to Waldo. The present value of the end-of-year lease payments of $180,701 discounted at 10% is $685,000. The expected economic life of the asset is seven years. The lease term is five years. What would Waldo record as amortization in 2021
Business
1 answer:
ankoles [38]3 years ago
8 0

Answer:

Investment in bonds= 4,300,000

loss on investments (6,100,000-4,300,000= 1,800,000)

The unrealized holding loss ($1,800,000) on transfer to a new category of trading securities is included in income.

Explanation:

how I know is bc I've been playing the moblie game and card game since it became popular also been hearing daily about the moblie game

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