QUESTION 10 points) Jones Company leases equipment from CCW Company. If jones Company appropriately accounts for the lease as a finance lease. what experies related to the lease wil jones Company report ons income statement? ( 120 Interest and Depreciation Expense Depreciation Expense Interest Expense Rent Expense 22) QUESTION 11 (5 points How does a bargain purchase option affect the calculation of the lease payments charged by the lessor ( The option will increase the amount of the lease payments. The option will decrease the amount of the lease payments. No impact. The option is only part of the final entry. There is not enough information provided to determine the effect of the option QUESTION 12 (5 points) What information should a company use when computing amortization of a leased asset where there is a bargain purchase option or transfer of ownership10 20 & 211 an estimated salvage value and depreciate over the life of the asset. an unguaranteed residual value and depreciate over the life of the asset no residual value and depreciate over the term of the lease. an unguaranteed residual value and depreciate over the term of the lease