Which of the following criteria would not apply in determining if a lease is a capital lease if the beginning of the lease term falls within the last 25% of the total estimated economic life of the leased asset?

a) The lease is non-cancelable.

b) The contains a bargain purchase option

c) The lease transfers ownership of the property to the lessee by the end of the lease term

d) The lease term is equal to 75% or more of the estimated economic life of the leased property.