The lessee and the Lessor company sign a lease agreement dated January $1\mathrm{.}2009$ for the lease of equipment beginning January $1\mathrm{.}2009.$ The terms of the lease agreement and the relevant data are as follows; The lease term is $5$ years and the lease agreement is non$-$ cancellable The lease requires equal rental payments of $25,981\mathrm{.}62$ at the beginning of each year The equipment has a fair value at inception of lease of $100,000/=$an estimated economic life of $5$ years and no residual value Lessee company pays all of executor costs directly to third part parties except for property taxes of $2000/=$ per year; which is included in the annual payments to the lessor. The lease contains no renewal option and equipment reverts to the Lessor Company at termination of the lease. Lessee company depreciates on straight line basis similar equipment that it owns Lessor company set the annual rental to earn a rate of return on its investment of $10\%$ per year; this fact is known to lessee companyRequireda$)$ What type of lease is thisb$)$ Make entries in the books of Lessee and Lessor on $31\mathrm{.}12\mathrm{.}2009$ and $31\mathrm{.}12\mathrm{.}2010$