Which of the following statements is true about initial direct costs? a. Initial direct costs should always be debited against income by the lessor in the 10. inception of the lease. b. Initial direct costs are ownership-type costs such as insurance, maintenance, as c. Initial direct costs for a sales lease with seller profit should be recorded by the expense in the accounting period in which the lease begins of the unearned income should be recognized as income in the same period d. Initial direct costs of a sales-type lease should be expensed as incurred, and e. None of the above are true about initial direct costs