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On January 1, 2019 Precision Pumps med pumping Co The o ry Thesis was purchased...

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Accounting

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On January 1, 2019 Precision Pumps med pumping Co The o ry Thesis was purchased the based is retained by the at the end of the lease These annual feed rental payment od 000 per year beggon y 1, 2019 and the December 31 teach year starting on December 31, 2019 The for at of the equipment is 530 25 and has a carrying amount on Precios books of 201 Them ent has years The them e 150 The does not quarantee the residual value but Precision secured an unrelated the party to guarantee 514 500 collection of this guaranteedro v e and lease payments are really certain the remain the basis 10%. There te ne prepaid rentals, and other party to the agreement pays initial direct costs What amount is recorded for investment in the last commencement of the lease? O A $20.961 OB 524,000 OC 520 521 OD 530 325

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