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Read across from the Lease Type column and choose the answer choice which best represents the type of activities lease-related cash flows are reported as

Read across from the Lease Type column and choose the answer choice which best represents the type of activities lease-related cash flows are reported as on the statement of cash flows by lessor and lessee: Lease Type Lessor Lessee

a. Operating: Operating only Operating only Finance / Sales-Type: Operating only Both Operating and Financing

b. Operating: Both Operating and Financing Both Operating and Financing Finance / Sales-Type: Operating only Both Operating and Financing

c. Operating: Operating only Operating only Finance / Sales-Type: Operating only Financing only

d. Operating: Both Operating and Financing Both Operating and Financing Finance / Sales-Type: Both Operating and Financing Operating only

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