January 1 2021 PPL ENTERED INTO A AGREEMENT WITH STORAGE-4-U Inc. PPL follows ASPE for reporting. The warehouse is currently fair value estimated$1575000 and the expected value of warehouse on December31 ,2030, is $130,000.They also noted that a warehouse of this style and age is expected to have 15 years . borrowing rate confirmed at 6%. the lease term 10 years. Monthly lease payments amount $16000. due on 1st day of each calandar month. The first payment is due on january 1, 2021 at the commencement of the lease.If at the termination date of this lease agreement, the lessee wishes to purchase the leased warehouse ,the lessee may do so at a price of $135,000. select yes or no option given below if yes or no and also give the reason why is yes or no

From the point of view of a lessee

(A)a lease normally transfer substantially all benefit and risk of ownership to the lessee when at the inception of lease one or more of the following conditions are present.

(B) There is a reasonable assurance that the lessee will obtain ownership of the leases property by the end of the lease term.

(C) The lease term is of such a duration that the lessee will receive substantially all of the economic benefits expected to be derived from the use of the leased property over its life span.

(D) The lessor is assured of recovering the investment in the leased property and earning a return on the lease agreement.