Park Owns an 80% Interest in the Common Stock of Stable

question 5

Multiple Choice

Park owns an 80% interest in the common stock of Stable Company.Park leased a machine to Stable under a 5-year, direct financing lease with a bargain purchase option.The lease term began January 1, 2019.The impact of the lease on the Non-controlling share of income for 2019:

• A)​is an increase.
• B)​is a decrease.
• C)​is zero.
• D)​cannot be determined from the information given.

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