Which of the following is NOT true about Operating Leases for Columbia Sportswear?

Question 22 options:

	An asset and a liability appear on the balance sheet at 12/31/19.
	The company had no operating leases in previous years, all their facilities were owned outright by the company
	There was a new accounting pronouncement that required inclusion of the leases on the balance sheet. Columbia adopted this accounting pronouncement in 2019.