On January 1, Leveler Corporation leased equipment to Messy Company. The present value of the lease payments is $200,000 and Leveler's cost of the equipment was $125,000. The lease is properly classified as a sales-type lease. In comparison to the entries that would have been made if this lease did not include a selling profit, how are the entries affected because this lease includes a selling profit?(Select all that apply.)

• The entries made by Leveler are not affected.
• The entries made by Messy are not affected.
• The entry made by Leveler to record the receipt of the first lease payment also will include the sales revenue and cost of goods sold.
• The entry made by Messer to record the payment of the first lease payment also will include the sales revenue and cost of goods sold.
• Each of the entries made by Leveler over the term of the lease will include a portion of the sales revenue and cost of goods sold.
• Each of the entries made by Messy over the term of the lease will include a portion of the sales revenue and cost of goods sold.