If the lease payments of the $$800,000$ asset were $$210,000,$ first payment occurring at the beginning of the first year when the lease is signed, how would the lessee treat these payments in his financial lease analysis? His tax rate is $40\%.$

Multiple Choice

lessee would deduct these $$210,000$ payments from his CCA.

lessee would amortize the $$800,000$ over five years and show these inflows.

lessee would treat each $$210,000$ payment as a cash outflow.

lessee would record net cash outflows for five years of $$126,000$ for leasing.