When the government acts as a lessor, which of the following reflects entries on the government-wide statements at the time the lease is signed? i. The lessor is selling the rights to the entire economic life of the asset. ii. The lessor is selling a portion of the life economic life of the asset. 

 The lessor should recognize a gain on the lease if the expected payments exceed the value of the asset.

The lessor should immediately write off the fair value of the asset leased.

 The lessor should offset the receivable with the depreciation of the asset. 

The lessor should offset the receivable with deferred inflow of resources.

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