1. For the lessee to account for a lease as a finance lease, the lease must meet:A. All five of the criteria specified by GAAP regarding accounting for leases.B. Any one of the six criteria specified by GAAP regarding accounting for leases.C. Any two of the criteria specified by GAAP regarding accounting for leases.D. Any one of the five criteria specified by GAAP regarding accounting for leases.2. To a lessee, what is the cost basis of a leased asset? A. The present value of the minimum lease payments minus nonlease components.B. The present value of the minimum lease payments plus nonlease components.C. The present value of the minimum lease payments plus the present value of nonlease components.D. The sum of the gross minimum lease payments.3. Radisys LLC manufactures equipment for sale or lease. The equipment has a fair value or "selling price" of $2,400,000 and it costs $1,800,000. The equipment has no residual value at the end of the lease and the leases do not contain bargain purchase options. Radisys wishes to earn 12% interest on a four-year lease of this equipment. What is the amount of the annual lease payment to be made at the beginning of each year