Which of the following statements about leasing is false?

A	Lease financing is a substitute for debt financing.

B	The two parties to a lease transaction are the lessee and lessor.

C	In a lease analysis, the residual value is the estimated value of the leased asset at the end of the lease period.

D	Operating leases often include maintenance of the leased asset.

E	Depending on the type of lease, some lease expense is not reported on the income statement, but rather disclosed only in the notes to the financial statements.