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Which of the following statements characterizes a sales - type lease? The lessor recognizes only interest revenue over the life of the asset. The lessor

Which of the following statements characterizes a sales

-

type lease?

The lessor recognizes only interest revenue over the life of the asset.

The lessor recognizes a dealer

s profit at lease inception and interest revenue over the asset life.

The lessor recognizes a dealer

s profit at lease inception and interest revenue over the lease term.

The lessor recognizes only interest revenue over the lease term.

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