On December 31, 2024, Shamrock Corporation signed a 6 -year, non-cancelable lease for a machine. The terms of the lease called for Shamrock to make annual payments of $12,196 at the beginning of each year, starting December 31,2024 . The machine has an estimated useful life of 8 years and a $6,000 unguaranteed residual value. The machine reverts back to the lessor at the end of the lease term. Shamrock uses the straight-line method of depreciation for all of its plant assets. Shamrock's incremental borrowing rate is 9%, and the lessor's implicit rate is unknown. Click here to view factor tables. (a) What type of lease is this for the lessee