29. Lease A does not contain a bargain purchase option, but the lease term is equal to 90 percent of the estimated economic life of the leased property. Lease B does not transter ownership of the property to the lessee by the end of the lease term, but the lease term is equal to 75 percent of the estimated economic life of the leased property. How shou the lessee classify these leases? ld Lease A Lease B A) Capital lease B) Operating lease Capital lease C) Capital lease D) Operating lease Operating lease Capital lease Operating lease 30. Which of the following is a correct statement of one of the capitalization criteria? A) B) C) The minimun lease payments (excluding executory costs) equal or exceed 90% of the fair value of the leased property. The lease ter leased property. The lease transfers ownership of the property to the lessor. The lease contains a purchase option. n is equal to or more than 75% of the estimated economic life of the D)