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Cullumber Company leased machinery to Coney Company on July 1, 2025, for a ten-year period. Equal annual payments under the lease are $150300 and are

Cullumber Company leased machinery to Coney Company on July 1, 2025, for a ten-year period. Equal annual payments under the lease are $150300 and are due on July 1 of each year. The first payment was made on July 1, 2025. The rate of interest used by Cullumber and known to Cooney is 9%. The cash selling price of the machinery is $1052100 and the cost of the machinery on Cullumber's accounting records was $930600. Assuming that the lease is appropriately recorded as a sale for accounting purposes by Cullumber, what amount of interest revenue would Cullumber record for the year ended December 31, 2025?

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