please, answer the question below.

20 Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease. A $1,500 purchase option is reasonably certain to be exercised at the end of the five-year lease. The asset has an expected economic life of eight years. Lease Cash Payment Payment 4 points Skipped 1 2 3 4 5 8,900 8,900 8,900 8,900 8,900 1,500 Effective Decrease in Outstanding Interest Balance Balance 39, 399 ?? ?? 30, 499 2,440 6, 460 24,039 1,923 6,977 17,062 1, 365 7,535 9,527 ?? ?? ?? 111 1,389 0 6 What would be the amount of interest expense recorded with payment 5? (Round your answer to the nearest whole dollar amount.) 20 Multiple Choice 4 points $762 Skipped O $1,500. O $738. O $8,138