ee the following information for the following question On January 1, 2021. Yencry, Inc. is a 10-year noncancelable lese greement to lease asorge building from Holt Warehouse Company Collectibility of lene payment is reasonably predictable and to important uncertainties surround the amount of costs yet to be incurred by the lesson. The following information pertains to this lesse agreement (a) The agreement requires equal rental payments at the beginning each year. (b) The fair value of the building on January 1, 2021 i 56.000.000, however, the book value to Holt is $4.930,000 (c) The building has an estimated economic life of 10 years, with no residual value. Yancey depreciates similar buildings using the straight-line method. (d) At the termination of the lease, the title to the building will be transferred to the lessee. (e) Yancey's incremental borrowing rate is 11% per year. Holt Warehouse Co set the annual rental to insure a 10% rate of return. The implicit rate of the lessor is known by Yancey, Inc. The yearly rental payment includes $15,000 of executory costs related to taxes on the property Yancey, Inc. would record amortization expense on this asset in 2021 of (rounded to the nearest dollar) so O $495,000. $976,471 O $610,139