Lithium corporation sales computer systems lithium leases computers to Evergreen Company on January 1,2019 the...
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Lithium corporation sales computer systems lithium leases computers to Evergreen Company on January the manufacturing cost of the computers was million this noncancelable lease had the following terms lease payments of $ semi annually first payment at January remaining payments at June and December each year through June lease term is five years with a years semi annual payment no risk residual value no purchase option economic life equipment is five years implicit interest rate and instrumental borrowing rate is semi annually fair value of computers at January of is million what's the outstanding balance of the lease liability in evergreens June balance sheet round your answer to the nearest dollar
Lithium corporation sales computer systems lithium leases computers to Evergreen Company on January the manufacturing cost of the computers was million this noncancelable lease had the following terms lease payments of $ semi annually first payment at January remaining payments at June and December each year through June lease term is five years with a years semi annual payment no risk residual value no purchase option economic life equipment is five years implicit interest rate and instrumental borrowing rate is semi annually fair value of computers at January of is million what's the outstanding balance of the lease liability in evergreens June balance sheet round your answer to the nearest dollar
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