7 [22 points] Bentley Inc. leased a building to Star Inc. on August 1, 2022. Following is the relevant information: The leased building was purchased by Bentley Inc. on August 1, 2022 for cash. The leased building cost Bentley Inc. $4.50 million. Bentley Inc. paid insurance and property tax expense on July 31, 2023. The costs were $12,000 and $90,000 respectively. The building is depreciated on a straight-line basis and is expected to last for 30 years. The lease period is 10 years and consists of a $300,000 payment per year, payable on July 31 of each year. The present value of the lease payments is less than 90% of the building's FMV. Ownership of the building will be kept by the lessor by the end of the lease term. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan). Please make sure your final answer(s) are accurate to 2 decimal places. a) What type of lease is this? (select one) b) Record journal entries for Bentley Inc. for fiscal year ending July 31, 2023. c) Record the journal entry for Star Inc. on