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For a leased asset under a lease that qualifies as a capital lease because of a bargain purchase option, the depreciation period used by the

For a leased asset under a lease that qualifies as a capital lease because of a bargain purchase option, the depreciation period used by the lessee must be:
The same period that was used by the lessor.
The useful life to the lessee.
The term of the lease regardless of the lease provisions.
The remaining life of the asset at the time the lease agreement took effect.

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