Listed below are three separate independent situations that resulted in an error in applying accounting principles or applications for the company's 2019 financial statements. For each situation, indicate the effect of the error on the various elements of the current year's financial statements. Use the following letters to indicate the effect. Be sure to use the exact notation O. U. or NE in your answers as the grading key is looking for an exact match. 0 - Overstatement U-Understatement NE - No Effect In adjusting for the difference related to the accounting for depreciation for book and tax purposes, the accountant understated the increase in the deferred tax liability account. This would cause assets to be liabilities to be equity to be revenue to be costs and expenses to be and net income to be The lessee's accountant failed to recognize the bargain purchase option when initially recording the company's new finance lease of equipment. The lease was entered into on the last day of 2019. This would cause assets to be Ilabilities to be equity to be revenue to be costs and expenses to be and net income to be The lessee's accountant understated the amount of amortization on the right-of-use asset related to the finance lease on a building This would cause assets to be liabilities to be equity to be revenue to be costs and expenses to be and net income to be When recording the lessor's sales-type finance lease, the accountant failed to exclude the executory (non-lease components). The lease was entered into on the last day of 2019. This would cause assets to be equity liabilities to be to be revenue to be costs and expenses to be and net Income to be MAR