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Which of the following is a correct statement of one of the capitalization criteria? The lease transfers ownership of the property to the lessor. The

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Which of the following is a correct statement of one of the capitalization criteria? The lease transfers ownership of the property to the lessor. The lease contains a purchase option. The lease term is equal to or more than 75% of the estimated economic life of the leased property The minimum lease yments (excluding executory costs) equal or exceed 90% of the fair value of the leased property

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