On January 1, 2020, Sue's Socks signed a three-year lease for a warehouse from Lue's Glue Corporation. Lue's Glue purchased this building on December 31, 2019. Lue requires $15,000 annual payments over the next three years. First payment is due immediately. Sue's fiscal year end is December 31. Unguaranteed residual value is $385,000. The economic life of the garage is 30 years and has no salvage value. The fair value of the warehouse is $400,000 on the day the lease is signed. Sue's Socks is not aware of the implicit rate, but has an increment borrowing rate equal to 6%. Sue and Lue both use straight line methods. What is Lue's profit from this lease during 2021, the second year of the lease