On May 1, 2017 Mooney Leasing Company entered into a non-cancellable lease agreement with Rode Company. The agreement requires Rode Company to make annual lease payments of $20,471.94 to Mooney Leasing Company annually on May, 1,2017 beginning on May 1, 2017 for equipment. Other information pertaining to this lease is below: 1. Bargain Purchase option price at end of lease: Lease Term: Economic life of asset: Lessor's cost to manufacture equipment Fair value of equipment at date of inception: Lessor's implicit rate: Lessee's implicit rate: The collectability of the lease payments is probably $4,000 5 years 10 years S65,000 $91,000 8% 8% a. What type of lease did these companies sign? Justify your answer by listing the 5 criteria and the Yes/No answers to every one of them