On 1 July 2018, Tanya Ltd leased a photocopier from Baro Ltd, a company that manufacturers, retails and leases copiers.

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On 1 July 2018, Tanya Ltd leased a photocopier from Baro Ltd, a company that manufacturers, retails and leases copiers. The photocopier had cost Baro Ltd $30,000 to make but had a fair value on 1 July 2018 of $37,167. The lease agreement contained the following provisions:

Lease Term

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