lease the equipment to Dal (or another company) for an additional 5 years. Dal paid...

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Accounting

lease the equipment to Dal (or another company) for an additional 5 years. Dal paid $130,000 to Marne on January 2,2020, the first annual payment date.
How would Marne Company and Dal Company classify the lease, considering a 5% implicit interest rate for both parties?
Select one:
a.
Marne Company Dal Company
Operating Lease Finance Lease
b.
c.
d.
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