Which of the following lease conditions would result in a capital lease to the lessee?

	The lessee will return the property to the lessor at the end of the lease term.
	The lessee can purchase the property for $1 at the end of the lease term.
	The fair market value of the property at the inception of the lease is $20,000; the present value of the lease payments is $17,600.
	The lease term is 70% of the property's economic life.