Why was the distinction between an operating lease and a financial lease significant prior to the change in accounting standards near the beginning of 2019?

Group of answer choices

An operating lease payment would not be included in an income statement, but a financial lease payment would.

A financial lease payment would not be included in an income statement, but an operating lease payment would.

Financial lease assets and obligations would not appear in the main body of a balance sheet, but an operating lease would.

Operating lease assets and obligations would not appear in the main body of a balance sheet, but a financial lease would.