At the beginning of its fiscal year, Lakeside incorporated leased office space to LTT Corpotation unider a nine year operating lease agreement. The contract calls for quarterly rent payments of $39.000 each. The office building was acquired by takeside at a cost of $3.4 million and was expected to have a useful life of 25 years with no residual value. What will be the effect of the lease on LTTs eamings for the first year (ignore taxes)? Note: Enter your onswer rounded to the nearest whole dollar