also need help with 39 and 40

Use the following information for items 38, 39 and 40. On January 1, 2020, Peace Hall Company signs a 10-year noncancelable lease agreement to lease a building from ASU Company. Collectibility of lease payments is reasonably predictable and no important uncertainties surround the amount of costs yet to be incurred by the lessor. The following information pertains to this lease agreement. (a) The agreement requires equal rental payments at the beginning each year. (b) Fair value of building is $6,000,000. Book value to ASU is $4,950,000. (c) Building has an estimated economic life of 10 years, with no residual value. ASU uses the straight-line method. (d) At the termination of the lease, the title will be transferred to the lessee. (e) Peace Hall incremental borrowing rate is 11%. ASU set the annual rental to insure a 10% rate of return. The implicit rate of the lessor is known to Peace Hall. From the lessee's viewpoint, what type of lease is this? Operating lease Finance lease. Sales-type lease. From the lessor's viewpoint, what type of lease is this? Finance lease. Operating lease. Sales-type lease. Direct-financing lease. Question 40 (4 points) Listen If the lease was nonrenewable, there was no bargain purchase option, title to the building does not pass to the lessee at the termination of the lease and the lease term was only for eight years, what type of lease would this be for the lessee? Direct-financing lease Operating lease. Sales-type lease. Finance lease