17.)

All of the following are operating leases except a

	a.	five-year lease of a computer with an option to buy for a small amount at the end of the lease.
	b.	ten-year lease on a new building.
	c.	two-year lease on a truck with an option to renew for one more year.
	d.	monthly lease on a building that can be canceled with 90 days' notice.

18.)

Shares of treasury stock are

	a.	unissued shares that are held by the treasurer of the corporation.
	b.	shares held by the U.S. Treasury Department.
	c.	part of the total outstanding shares but not part of the total issued shares of a corporation.
	d.	issued shares that have been bought back by the corporation and are being held by the corporation.

19.)

Dechter Company acquired a mine for $1,800,000 which has an estimated residual value of $300,000 and contains an estimated 1,500,000 tons of coal. If 230,000 tons of coal are mined and sold during the first year, the entry to record the depletion charge is:

a.

Accumulated Depreciation