If this purchase option is viewed as a bargain, Danville’s profit to be recognized in the first year will be increased

Danville Corporation buys a truck for $52,000 and leases it to Viceroy for 8 years. At the end of that time, Viceroy can buy the truck for $7,000 in cash. Which of the following is not true?
If this purchase option is viewed as a bargain, Danville should record the $7,000 as a future cash flow in accounting for the lease even though it is not guaranteed.
Unless the purchase option is viewed as a bargain, Danville cannot account for this lease as a capital lease.
The purchase option cannot be viewed as a bargain unless it is significantly below the expected fair value of the truck on that date.
If this purchase option is viewed as a bargain, Danville’s profit to be recognized in the first year will be increased

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