Cubby Corporation entered into a lease agreement for 10 photocopy machines for its corporate headquarters. The lease agreement qualifies as an operating lease in all terms except there is a bargain purchase option. After the 5-year lease term, the corporation can purchase each copier for $1,000, when the anticipated market value is $2,500. Glenn Beckert, the financial vice president, thinks the financial statements must recognize the lease agreement as a capital lease because of the bargain purchase agreement. The controller, Donna Kessinger, disagrees