=+4. One of the four capitalization tests of SFAS No. 13 is that the lease term is 75 percent or more of the asset's remaining economic life. Lease term is defined as follows in SFAS No. 13 (as amended by SFAS No. 98, para. 22a);

The fixed noncancellable term of the lease plus (i) all periods, if any, cov-

ered by bargain renewal options, (ii) all periods, if any, for which failure to renew the lease imposes a penalty on the lessee in an amount such that renewal appears, at the inception of the lense, to be reasonably assured, (iii)

all periods, if any, covered by ordinary renewal options during which a guarantee by the lessee of the lessor's debt related to the leased property is expected to be in effect, (iv) all periods, if any, covered by ordinary renewal options preceding the date as of which a bargain purchase option is exercisable, and (v) all periods, if any, representing renewals or extensions of the lease at the lessor's option; however, in no case shall the lease term