Which one of the following statements concerning operating and financial leases is correct? 1) A firm that is restricted from issuing more debt by a bond covenant, should enter a financial lease rather than an operating lease. 2) An operating lease increases the debt-equity ratio of a firm. 3) An operating lease must be reported on the balance sheet of the lessee. 4) A financial lease reduces the net equity in a firm. 5) A financial lease increases the total debt of a firm