Use the following statements to answer this question:

I. Leverage leasing does not provide the same benefits to the lessor in Canada as it does in the U$.$S$.$

Il$.$ In Canada, lessors can only deduct depreciation on leased assets against the income derived from lea:

$$ l is incorrect and Il is correct.

$1$ and Il are correct.

$$ lis correct and Il is incorrect.

$$ land ll are incorrect.