Question $18$

$1pts$

Which of the following criteria would require the lessee to record a financing lease?

The lessee will retain the asset at the end of the lease.

The lease term is $2$ years, and the leased asset life is $5$ years.

The lease term is $6$ months, and the leased asset life is $24$ months.

The present value of the lease payments is $55\%$ of the leased asset fair value.