Which $of$ the following $is$ a correct statement $of$ one $of$ the capitalization criteria?

Multiple Choice

The lease contains a purchase option.

The lease transfers ownership $of$ the property $to$ the lessor.

The minimum lease payments equal $or$ exceed $90\%of$ the fair value $of$ the leased property.

The lease term $is$ for the $major$ part$of$ the remaining economic life $of$ the underlying asset