How does a lessor treat payments received for canceling a lease? A. The lessor...
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How does a lessor treat payments received for canceling a lease? A The lessor treats the payments as a return of capital and is included as an asset. B The lessor treats the payments as a net longterm capital loss. C The lessor treats the payments as longterm or shortterm capital gain. D The lessor treats the payments as ordinary income. 
How does a lessor treat payments received for canceling a lease?
A The lessor treats the payments as a return of capital and is included as an asset.
B The lessor treats the payments as a net longterm capital loss.
C The lessor treats the payments as longterm or shortterm capital gain.
D The lessor treats the payments as ordinary income.
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