Revenue for a direct financing lease is calculated as O A. the higher of (1) the fair value of the leased asset or (2) the sum of the lease receivable and any lease payments paid before the lease c O B. the lower of (1) the residual value of the asset or (2) the sum of the lease receivable and any lease payments paid before the lease com O C. the lower of (1) the fair value of the leased asset or (2) the sum of the lease receivable and any lease payments paid before the lease c O D. None of the above. Click to select your answer Save for Later test. Then, go to the Study Plan for your customized learning