Where a lessor is involved in a lease, the lessor will typically (choose the best response):

Group of answer choices

remove asset in question from their statement of financial position as they no longer own it

record a new asset in their statement of financial position, a lease receivable, to replace the leased asset

none of the given answers

record the sale of the asset to the lessee to ensure the accounting records accurately reflect control of the leased asset

record only the revenue earned from lease payments received in the statement of comprehensive income