it is a four year lease with payments occuring at the start of each year

Question 1 40 pts On January 1, 2018, Lessor Able leased a machine to Lessee Baker on a four-year lease. The machine was purchased by Able immediately prior to the lease; the machine cost Able $320,000. The cash selling price of this machine is $320,000. The machine has a six-year estimated useful life. The lessee is able to purchase the machine at the end of the lease for $6,000. The lessee believes this is a bargain purchase and expects to purchase the machine at the end of the lease. The lessor uses a 3% percent target rate of return and the lessee is aware of this rate. The four annual lease payments will be paid annually starting on January 1, 2018. The accounting period for each company ends on December 31. Collectability of the lease payments is not an issue. Because of the bargain purchase option this lease is a finance lease for the lessee and a sales-type lease for the lessor. Please round your answers to the nearest dollar How much will the lessee amortize the ROU Asset for the year ended 12/31/18