On January 1, 2010, Mabel Company Leased Equipment by Signing

question 78

Multiple Choice

On January 1, 2010, Mabel Company leased equipment by signing a five-year lease that required five payments of $90, 000 due on December 31 of each year.The equipment remains the property of the lessor at the end of the lease, and Mabel does not guarantee any residual value.Using a rate of 10%, Mabel capitalized the lease on January 1, 2010, in the amount of $341, 172.What is the amount of the lease liability on December 31, 2011?

• A)$252, 348
• B)$223, 818
• C)$204, 918
• D)$195, 288

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Definitions:

Decreased Interaction

A reduction in the frequency, duration, or quality of communication or engagement between individuals or groups.

Secondary Prevention

Actions taken to detect and treat a disease or condition early in its course, aiming to stop or slow its progression.

Organizational Stress Prevention

Strategies or practices implemented within an organization to reduce workplace stress and enhance employee well-being.

Job Redesign

An OD intervention method that alters jobs to improve the fit between individual skills and the demands of the job.