32 Which of the following statements is incorrect? 7 pts A) The acquisition cost of a lease needs to be amortized over the term of lease for both lessee and lessor. B) Lessor can never depreciate lease hold improvements paid for by rental payments. C) Code Sec 467 only applies to the rental agreement if it is over $250,000. D) Business real estate is often referred to as Section 1231 property. E) All of the statements are incorrect