Which of the following statements is most CORRECT?

a$.$ A key difference between a capital lease and an operating lease Is that with a capltal lease, the lease payments provide the lessor with a return of the funds

Invested in the asset plus a return on the invested funds, whereas with an operating lease the lessor depends on the residual value to realize a full return of and

on the investment.

b$.$ The fixed charges assoclated with a lease can be as high as$,$ but never greater than, the fixed payments associated with a loan.

c$.$ Capitalizing a lease means that the firm Issues equity capital in proportion to its current capital structure, in an amount sufficlent to support the lease

payment obligation.

d$.$ Finance leases usually have a cancelation feature.

e$.$ Capital, or financial, leases generally provide for maintenance by the lessor.