Question 15 The lessee wil account for the lease as a face lee when the lease term is five years, the remaining useful life is six year, and the leased aset is twentytwo years old at the inception of the lease No Question 16 The lessee will account for the lease as a finance tease when the present value of the lease payments plus salvage value guaranteed by the Sesses 895,000 and the fair value of the feased asset is $100.000 Yes No Question 17 The lessee wil capitalize the leased asset when the lease wil transfer title to the lessee by the end of the best term. Now test provided Now les provide Question 18 wielol direct cont will affect the amount reported by the lessor an interest revenue when the late in a sales type leave and there is a selling proft, No Question 19 Initial direct cont will affect the amount reported by the best as interest revenue when the lewe is a direct franche trase and there ha selling profit Yes