Please complete a-d

whether each of the following situations involving lease agreements should be ecide ocorded as an operating lease or as a capital lease, AND justify why a) The lease term is f years. The leased asset reverts back to the lessor at the end of the lease term. or 10 years, the estimated remaining life of the leased asset is 12 b) The lease transfers ownership of the leased asset to the lessee at the end of the lease term. The lease term is for eight years, the estimated remaining life of the leased asset is 10 years. c) The lease term is for five years, the estimated remaining life of the leased asset is nine years. The lease agreement contains an option for the lessee to purchase the lease asset at the end of the lease term at a price substantially below its fair market value. d) The lease term is for six years, the estimated remaining life of the leased asset is fifteen years. The lease agreement doesn't contain an option for the lessee to purch the leased asset at well below the estimated current market value at the end of the term. The leased asset reverts back to the lessor at the end of the lease term