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If the lease in a sale-leaseback transaction meets one of the four leasing criteria and is therefore accounted for as a capital lease, who includes

If the lease in a sale-leaseback transaction meets one of the four leasing criteria and is therefore accounted for as a capital lease, who includes Lease Payment Receivable (LPR) on its books and which party records interest expense during the lease period?

Select one:

a.LPR on the Seller-lessee's books, Interest Expense on the Purchaser-lessor's books

b.LPR on the Purchaser-lessor's books, Interest Expense on the Seller-lessee's books

c.LPR on the Purchaser-lessor's books, Interest Expense on the Purchaser-lessor's books

d.LPR on the Seller-lessee's books, Interest Expense on the Seller-lessee's books

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