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Unformatted text preview: How would Judd classify this lease? Compute Judds tax deductions over the life of the lease. 2. Assume that title transfers to the Judd Corporation at the termination of the lease and Bandy charges interest of 8% on the outstanding lease balance. How would Judd classify this lease? Compute Judds tax deductions over the life of the lease. 3. What is the difference between Judds total deductions in part 1 and part 2?...
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This note was uploaded on 09/09/2011 for the course TAX 6845 taught by Professor Kelliher,c during the Fall '08 term at University of Central Florida.
- Fall '08