Crystal Corporation makes $3,100 payments every month for leasing office equipment. Crystal recorded a lease payment as follows:

Lease payable	1,860
Interest expense	1,240
Cash		3,100

Amortization expense	1,860
Right-of-use asset		1,860

Crystal must have a(n):

Multiple Choice

• Finance lease.

• Leveraged lease.

• Operating lease.

• Sales-type lease without selling profit.