On 1-1-2023, Denny Corporation (lessee) signed a 5 year noncancelable lease to use some machinery owned by Engelbrecht (lessor). The machinery is estimated to have a residual value of $600,000 at the end of the lease (12-31- 2027). Ownership of the machinery transfers to Denny at the end of the lease (i.e., 12-31-2027). As of 1-1-2023, the equipment has an estimated economic life of 6 years with an expected residual value of $180,000 at the end of its economic life (12-31-2028). This is a finance lease for Denny (lessee). Based on the lease, Denny, lessee, recorded a right of use asset of $3,600,000 on 1-1- 2023. Engelbrecht 's (lessor's) implicit rate in regard to the lease is 8% per year; this rate is known to the lessee. As a result of the lease with Engelbrecht, how much amortization expense will Denny report on its 2023 income statement