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Composition of Lease Payments. Variable Payments. Assume that Anderson Associates, Inc. leases conference and training facilities from. The Learning Company Anderson will conduct training seminars for the clients at the teased space. The lease requires annual payments of $400,000 plus a percentage of sales volume that cannot be less than 1% of total sales revenue. Assume total sales revenue is not known at the time of lease commencement. What are the payments to be used to classify the tease?
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