Question: A five year lease is correctly treated as operating by the lessee. In year five of the lease, amortization of the right of use asset

A five year lease is correctly treated as operating by the lessee. In year five of the lease, amortization of the right of use asset will be

a. 0, since operating leases do not result in the recording of right of use assets.

b. the same as it was in year 1.

c. more than it was in year 1.

d. less than it was in year 1.

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