Question: True or False (If false, explain why it's false) 1. A lease that contains a purchase option must be capitalized by the lessee. 2. A

True or False (If false, explain why it's false) 1. A

True or False (If false, explain why it's false) 1. A lease that contains a purchase option must be capitalized by the lessee. 2. A capitalized leased asset is always depreciated over the term of the lease by the lessee

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