Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease. A $2,000 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 payment. Cash Payment Effective interest. Decrease in bal. Outstanding bal.

34,600

1 8,000 ?? ?? 26,600

2 8,000 2,660 5,340 21,260

3 8,000 2,126 5,874 15,386

4 8,000 1,539 6,461 8,925

5 8,000 ?? ?? ??

6 2,000 182 1,818 0

What amount would the lessee record as amortization on the asset in the second year, assuming no residual value?