One of the more attractive features of an operating lease is that it provides the lessee with tax shields. This means:

A. The lessee can take a tax deduction for the lease payment.

B. Thelessee can take a tax deduction for the depreciation on the product being leased.

C. The lessor can take a tax deduction for the lease payment.

D. The lessor does not have to pay income tax on the rental payments received.