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A dealer of large earth movers that leases the machinery to its customers most likely to treat the leases as:

A sales-type leases, and account for inventory using specific identification.

Lessors that are dealers or manufacturers of the leased assets typically recognize sales revenue at the inception of a lease and thus account for their leases as sales-type capital (finance) leases. Dealers of high-value items that can be distinguished one from another, such as large earth movers, typically use-specific identification to account for inventory

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