Myth company enters into a lease that specifies a series of specific payments at specified times. Myth needs to first decide whether to classify this lease as a finance lease or as an operating lease. Remember that - ultimately - the cost of a lease arrangement equals the sum of the cash payments made. If Myth decides to record this lease as a finance lease then A the total expenses over the life of the lease are greater than if the company had chosen to account for this lease as an operating lease. the total expenses over the life of the lease are less than if the company had chosen to account for this lease as an operating lease. no meaningful comparison can be made as to the relationship of its total expenses to those of an operating lease. the total expenses over the life of the lease are the same as when the company had chosen to account for this lease as an operating lease