E15-37

Access the FASBs Codification Research System at the FASB website(www.fasb.org). Determine the specific citation for accounting for each of the following items.

1. Determination of initial direct costs.

2. When a modification to a contract is reported as a separate contract (that is separate from the original contract)

3. The disclosures required in the notes to the financial statements for a lessor.

4. The classification criteria for when a lessee classifies a lease as a finance lease and a lessor classifies a lease as a sales type lease.