On January 1, 2020, Orbit Inc. sells equipment to Aldren Inc. for $5,000. The contract includes a repurchase option effective one year from the contracts inception. Choose one statement from the following statements relating to this equipment sale on January 1 that is not true.

	If Orbit Inc. has the right to repurchase the equipment, and the repurchase price is $5,000, Orbit Inc. would record the transaction as a financing agreement.
	If Orbit Inc. is required to repurchase the equipment, and the repurchase price is $4,800, Orbit Inc. would record the transaction as a lease.
	If Aldren Inc. has the right to require Orbit Inc. to repurchase the equipment, the expected market value is $4,800, and the repurchase price is $5,100, Orbit Inc. would record the transaction as a lease.
	If Aldren Inc. has the right to require Orbit Inc. to repurchase the equipment, the expected market value is $5,200, and the repurchase price is $5,100, Orbit Inc. would recognize a sale with a right of return.
	None of the above