An entity acquires an item of equipment that is not of a specialised nature by way of a lease. In accordance with IFRS $16$ Leases a right of use asset is recognised. There is no certainty that the entity $($as the lessee$)$ will obtain ownership of the equipment by the end of the lease term.Depreciation of the equipment should be spread over:Please select the right answer.The term of the leaseThe useful life of the equipmentThe shorter of the term of the lease or the useful life of the equipmentA period consistent with similar owned items of equipment