What is the interest revenue that Technoid would report on this lease in its 2009 income statement?
A)$0
B)$1,673,820
C)$876,882
D)None of these is correct.This is $876,662 interest for the first 6 mo.: ($20,000,000 lease payment of $2,466,754) 5%, plus $797,158 for the second 6 mo.: ($20,000,000 lease payment of $2,466,754 [$2,466,754 876,662]) 5%

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The Answer of What is the interest revenue that Technoid would report on this lease in its 2009 income statement?
A)$0
B)$1,673,820
C)$876,882
D)None of these is correct.This is $876,662 interest for the first 6 mo.: ($20,000,000 lease payment of $2,466,754) 5%, plus $797,158 for the second 6 mo.: ($20,000,000 lease payment of $2,466,754 [$2,466,754 876,662]) 5%

What Is the Interest Revenue That Technoid Would Report on This