yes it is capital lease. if only for lease schedule,

you need to know the PV of minimum lease payment and FMV of the assets(use the lower of them as lease liability), executory cost(insurance, tax, or maintance, etc, these should be excluded from ur monthly payment when calculating ur monthly lease liability ), interest rate(ur company's borrowing rate or the rate of the lessor's company if the rate is lower than the rate or ur company and if ur company knows the rate of lessor's rate).

although at the end of the lease, just $1 is required to buy back. u still need to know the residual value of the asset at the end of the asset life,it is guaranteed or not(this residual value needs to determine the lease liability-the amount to be recovered).

for lease schedule , u do not need the asset's life. but for depreciate u need that because this lease agreement abviously has bargain purchase option($1 to purchase back), and the life of the asset should be used when calculating depreciation...