Save Answer 3 points Andy Corporation leased non-specialized equipment from Charlotee Co. for a five-year period, at which time possession of the equipment will revert back to Charlotte. The equipment cost Charlotte $ 15 million and has an expected useful life of 10 years. Its normal sales price is $20 million. The present value of the lease payments for both the lessor and lessee is $12 million. The first payment was made at the beginning of the lease. How should Andy classify this lease? O Finance lease o Operating lease Cannot judge from the information given Sales-type lease with selling profit