need help with becker questions!! the last photo shows the drop down options for the problem. thabks in advance!

Which of the following situations would require that a lessor not book a lease as an operating lease under U.S. GAAP? The lease does not contain a written purchase option. The lessor is able to predict the collectibility of the lease payments. The lease term represents 80% of the economic life of the asset leased. The lessor is unsure about unreimbursable costs that may be incurred in the near future. On January 1, Year 1, Blaugh Co. signed a long-term lease for an office building. The terms of the lease required Blaugh to pay $10,000 annually, beginning December 30 , Year 1 , and continuing each year for 30 years. The lease qualifies as a finance lease. On January 1, Year 1, the present value of the lease payments is $112,500 at the 8 percent interest rate implicit in the lease. In Blaugh's December 31, Year 1 , balance sheet, the lease liability should be: $102,500 $111,500 $112,500 $290,000 Jay's lease payments are made at the end of each period. Jay's liability for a finance lease would be reduced periodically by the: Minimum lease payment less the portion of the minimum lease payment allocable to interest. Minimum lease payment plus the amortization of the related asset. Minimum lease payment less the amortization of the related asset. Minimum lease payment. Oak Co. leased equipment for its entire nine-year useful life, agreeing to pay $50,000 at the start of the lease term on December 31, Year 1, and $50,000 annually on each December 31 for the next eight years. The present value on December 31 , Year 1 , of the nine lease payments over the lease term, using the rate implicit in the lease which Oak knows to be 10%, was $316,500. The December 31, Year 1, present value of the lease payments using Oak's incremental borrowing rate of 12% was $298,500. Oak made a timely second lease payment. What amount should Oak report as a lease liability in its December 31, Year 2, balance sheet? $350,000 $243,150 $228,320 $0 A six-year finance lease entered into on December 31, Year 1, specified equal minimum annual lease payments due on December 31 of each year. The first minimum annual lease payment, paid on December 31 , Year 1 , consists of which of the following? Interest expense Lease liability. YesYesNoNoYesNoYesNo Scroll down to complete all parts of this task. Use the information in the exhibits provided to answer each question below. To prepare each required journal entry: - Click on a cell in the Account Name column and select the appropriate account. An account may be used once or not at all for a journal entry. - Enter the corresponding debit or credit amount in the associated column. - All amounts will be automatically rounded to the nearest dollar. - Not all rows in the table might be needed to complete each journal entry. PARTI Elsee Co. has leased a bottling machine from Grant Inc. Using the information in the exhibits, determine whether Elsee should characterize the lease as an operating lease or a finance lease. Click in the associated cell to select your answer from the option list provided. - Enter the corresponding debit or credit amount in the associated column. - All amounts will be automatically rounded to the nearest dollar. - Not all rows in the table might be needed to complete each journal entry. PART 1 Elsee Co. has leased a bottling machine from Grant Inc. Using the information in the exhibits, determine whether Elsee should characterize the lease as an operating lease or a finance lease. Click in the associated cell to select your answer from the option list provided. PART II Prepare Elsee's journal entries to properly record its lease activity. Prepare Elsee's journal entries to properly record its lease activity. Prepare Elsee's journal entries to properly record its lease activity. record its lease activity