Current Attempt in Progress The following facts are for a non-cancellable lease agreement between Hebert Corporation and Russell Corporation, a lessee: The collectibility of the lease payments is reasonably predictable, and there are no important uncertainties about costs that have not yet been incurred by the lessor. The lessee assumes responsibility for all executory costs. Both Russell and Hebert use IFRS. (a) Discuss the nature of the lease to Hebert Corporation