Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease. A $3,000 purchase option is reasonably certain to be exercised at the end of the five-year lease. The asset has an expected economic life of eight years. Lease Payment Cash Payment Effective Interest Decrease in Balance Outstanding Balance
41,236
1 8,800 ?? ?? 32,436
2 8,800 1,946 6,854 25,582
3 8,800 1,535 7,265 18,317
4 8,800 1,099 7,701 10,616
5 8,800 ?? ?? ??
6 2,600 147 2,453 0

Required:
What amount would the lessee record as annual amortization on the asset using the straight-line method, assuming no residual value?

Explanation:

Calcium carbonate reacts w/stomach acid according to the following chemical equation.

CaCO3+2HCl(aq)-> CaCl2(aq)+H2O(l)+CO2(g)

the answer is 10c + 6b = 32

step-by-step explanation:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

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- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.