Lease Y contains a bargain purchase option and the lease term is equal to 75 percent of the estimated economic life of the leased property.Lease Z contains a bargain purchase option and the lease term is less than 75 percent of the estimated economic life of the leased property.How would the lessee classify these leases?

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The Answer of Lease Y contains a bargain purchase option and the lease term is equal to 75 percent of the estimated economic life of the leased property.Lease Z contains a bargain purchase option and the lease term is less than 75 percent of the estimated economic life of the leased property.How would the lessee classify these leases?

Lease Y Contains a Bargain Purchase Option and the Lease