Refer to the following lease amortization schedule. The 10 payments are made annually starting with the beginning of the lease. Title does not transfer to the lessee and there is no purchase option or guaranteed residual value. The asset has an expected economic life of 12 years. The lease is noncancelable. Payment Cash Payment Effective Interest Decrease in balance Outstanding Balance 81,108 123456 12,000 12,000 69,108 12,000 6,911 5,089 64,019 12,000 6,402 5,598 58,421 12,000 5,842 6,158 52,263 12,000 5,226 6,774 45,489 12,000 4,549 7,451 38,038 7 12,000 3,804 8,196 29,842 8 12,000 2,984 9,016 20,826 9 12,000 10 12,000 ? ? ? ? ? ? What amount would the lessee record as annual amortization on the right-of-use asset using the straight-line method? (Round your answer to the nearest whole dollar.)