Neighborville enters into a lease agreement for new copiers in all its city hall offices. In the governmental activities journal at the inception of the lease, it should record Multiple Choice Leased equipment balances equal to the lease payments made during the year. Capital expenses equal to the initial lease payment. Leased equipment balances equal to the capitalizable cost of the lease assets regardless of the amount of lease payments made during the year. Capital expenses equal to the capitalizable cost of the lease asset regardless of the amount of lease payments made during the year