Assume the following facts relating to a lease: Leased asset, new at the inception of the lease term. Estimated useful life, 14 years. Lease term, 8 years; asset returns to lessor. Interest rate implicit in the lease, 10% (known by lessee). Lessee's marginal borrowing rate, is 12%. Amount of each lease payment, $2,000. Lessor's cost of the leased asset, $15,164. Time left 1:51:38 Market value of the leased asset at the inception of the lease term, $15,164 Lease payments are due at the end of each period. From the perspective of the lessee using ASPE, this lease should be classified as a : a. sales-type lease. b. direct financing lease. c. operating lease. d. finance lease.