For a sales-type lease (ASPE) or manufacturer or dealer lease (IFRS): a. the present value of the guaranteed residual value is deducted to determine the cost of goods sold. b. cost of goods sold is not recognized. c. the gross profit will be the same whether the residual value is guaranteed or unguaranteed. d. the sales price includes the present value of the unguaranteed residual value. Clear my choice