22. For a "non-guideline lease," the lessee A. is the effective owner of the leased asset. B. can depreciate the leased asset for tax purposes. C. can deduct only the interest" portion of each lease payment on the lessee's tax return D A and B and C estion our exper estions 3 stion Continu 16 question map a phot thone to po Je'll send y ownload 23. FASB "Accounting Standards Update" (ASU) 2016-02, issued in 2016, ccquires that all lenses longer than one year be capitalized and listed on the Balance Sheet of the lessee at a value equal to A. the Present Valu (PV) of the lease payments B. the leased asset's estimated "salvage value" at the end of the lease term. C. appraised value of the leased asset at t=0, when the lease is signed. D. the Future Value (FV) of the lease payments as of the conclusion date of the lease 24. The "depreciation tax shield" for a lessee in a given year quals A Leased Asset Cost/Years in Useful Life of the Asset B Income Tax Expense / Pre-Tax Earnings C Depreciation Expense X Tax Rate D. Interest Expense X Tax Rate 888-8888 your phone automated text tandard meg