Shasta. a) This problem pertains to the LESSEE. What type of lease is this?...

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Accounting

Shasta.
a) This problem pertains to the LESSEE. What type of lease is this?
b) Who is the Lessor?
c) Who is the Lessee?
d) What is the present value of the lease payments?
Note: Round answer to the nearest whole number.
e) Prepare the appropriate journal entries for the LESSEE from the beginning of the lease through the end of Year 1.
Note: Round answers to the nearest whole number, if applicable.
Please answer all parts of the question.
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