Winn Co. enters into a 6-year finance lease for a copy machine with an interest...

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Accounting

Winn Co. enters into a 6-year finance lease for a copy machine with an interest rate of 8%(the present value of its $1,298 annual lease payments is $6,000). Winn will record the first-period lease payment with a debit to Right-of-Use Asset in the amount of?

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