If a citys General Fund acquires a new copier under a lease agreement:

1. The "cost" of the copier is computed as ________.
2. A governmental fund should record the cost of the copier as an Expenditure, offset by a credit to ________.
3. In the governmental activities general journal, the lease should be recorded with a debit to ________, offset by a credit to ________.
4. The liability should be computed as ________.
5. An asset that is leased should be ___________ over the shorter of the lease term or the useful life of the underlying asset.