Delivery trucks (4) Sample Modified
Vehicles, leased from Desert Fleet Leasing. Commenced Mar 1, 2025, ends Mar 1, 2030.
- Term
- 48 months, paid in arrears
- Discount rate
- 7.00%
- Liability at commencement
- 100,224.48
- ROU at commencement
- 100,224.48
- Straight-line cost
- 2,400.00 per period
- Version 2 · Aug 4, 2026, 4:45 PM UTC · engine 0.2.0Modification: Term extended by 12 months at the same rentEffective Aug 1, 2026
- Lease liability: 67,880.34 → 90,250.04
- ROU asset: 67,880.34 → 90,250.04
- 90,250.04 − 67,880.34 = 22,369.70. Liability remeasured at the discount rate on the effective date; the ROU asset is adjusted by the same amount (ASC 842-10-25-12).
- See it in the schedule
- Version 1 · Jan 6, 2026, 3:31 PM UTC · engine 0.2.0Lease entered