which of the following statements are true n and represent differences between Finance leases and operating leases (choose all that apply).

1.For finance lease the annual reduction in the lease liability is reported in the finance section of cash flow but for operating leases the annual reduction in the lease liability is reported in the Operating section of the statement of cash flows.

2.For Finance lease the interest expense and the reduction of the lease liability are reported as a combined amount in the finance section of the statements of cash flows, but for operating leases interest expense is reported in the operating section and the reduction of lease liability is reported in the Finance section of statement of cash flows

3. For Finance leases the amortization of the ROU Assets is reported in the Finance section of the statements of cash flows, but for operating Leases the amortization of the ROU Assets reported in the operating section of statement of cash flows.

4. For Finance leases interest expense is reported in the finance section of the statement of cash flows, but for operating Leases expense is reported in the operating section of the statement of cash flows.