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A lease is classified as a finance lease because it contains a purchase option that the lessee is reasonably certain to exercise. Over what period

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A lease is classified as a finance lease because it contains a purchase option that the lessee is reasonably certain to exercise. Over what period of time should the lessee amortize the right-of-use asset? The term of the lease. The lease term or the economic life of the asset, whichever is shorter. The economic life of the asset, not to exceed 40 years. The economic life of the asset

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