On January 2, 2019, Hernandez, Inc. signed a ten-year noncancelable lease for a heavy duty drill press and properly classified the lease as a Finance lease. The lease stipulated annual payments of $300,000 starting January 2, 2019, with title passing to Hernandez at the end of the lease term. The drill press has an estimated useful life of 15 years, with no salvage value. At lease commencement, the present value of the lease payment, using a 10% interest rate, was $1,800,000, In its 2019 income statement, what amount of amortization expense should Hernandez report related to this lease?

A $300,000

B $180,000

C $150,000

D $120,000