6. On January 2, 2020, ABC Co. signed a ten-year noncancelable lease for a heavy duty drill press. The lease stipulated annual payments of $300,000 starting at the beginning of the first year, with title passing to ABC at the expiration of the lease. ABC treated this transaction as a capital lease. The drill press has an estimated useful life of 15 years, with no salvage value. ABC uses straight-line depreciation for all of its plant assets. Aggregate lease payments were determined to have a present value of $1,800,000, based on implicit interest of 10%. In its 2020 income statement, what amount of interest expense should ABC report from this lease transaction? a. $0 $135,000 $150,000 $180,000 soo