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Posted On: 07/02/2019 6:07:01 PM
Post# of 32697
I am not an accountant or tax person but I am guessing some sort of tax write off.
Pursuant to ASU 2016-02, the Company expects to record approximately $1.7 million as a right-of-use asset and corresponding liability once the Company takes possession and control of the leased premises.
Pursuant to ASU 2016-02, the Company expects to record approximately $1.7 million as a right-of-use asset and corresponding liability once the Company takes possession and control of the leased premises.
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