Fox Company, a dealer in machinery and equipment, leased equipment to Tiger Inc. on July $1,2019.$ The lease is appropriately accounted for as a finance lease. The lease is for a $10-$year period $($the useful life of the asset$)$ expiring June $30,2029.$ The first of $10$ equal annual payments of $$500,000$ was made on July $1,2019.$ Fox had purchased the equipment for $$2,675,000$ on January $1,2019,$ and established a list selling price of $$3,375,000$ on the equipment. Assume that the present value at July $1,2019,$ of the rent payments over the lease term, discounted at $12\%($the appropriate interest rate$),$ was $$3,165,000.$

Assuming that Tiger uses straight$-$line amortization, what is the amount of amortization and interest expense that Tiger should record for the year ended December $31,2019?$