Blossom Corporation entered into an agreement with Blue Rentals Co$.$ on January $1,2025$ to lease a machine to be used in its manufacturing operations. The following data pertain to the agreement:

$($a$)$ The term of the noncancelable lease is $3$ years with no renewal option. Payments of $$761115$ are due on January $1$ of each year.

$($b$)$ The fair value of the machine on January $1,2025,$ is $$2100000.$ The machine has a remaining economic life of $10$ years, with no salvage value. The machine reverts to the lessor upon the termination of the lease.

$($c$)$ Blossom depreciates all machinery it owns on a straight$-$line basis.

$($d$)$ Blossom$$s incremental borrowing rate is $11\%$ per year. Blossom does not know the $9\%$ implicit rate used by Blue.

$($e$)$ Immediately after signing the lease, Blue finds out that Blossom Corp. is the defendant in a suit that is sufficiently material to make collectibility of future lease payments doubtful.

If Blossom accounts for the lease as an operating lease, what expenses will be recorded as a consequence of the lease during the fiscal year ended December $31,2025?($Round factor value calculation to $5$ decimal places, e$.$g$.1\mathrm{.}25124.)$

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Select answer from the options below

Lease Expense of $761115$

Interest Expense of $761115$

Amortization Expense of $761115$

Amortization Expense and Interest Expense of $761115$