6. (5 分)
HH Co. as lessee records a lease of machinery on January 1, 2018. The seven annual lease payments of €1,750,000 are made at the end of each year. The present value of the lease payments at 10% is €8,520,000. HH uses sum-of-the-years’-digits depreciation (no residual value).
Instructions (Round to the nearest dollar.)
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