What would the lessee record as annual depreciation on the asset using the straight-line method?

Refer to the following lease amortization schedule. The 10 payments are made annually starting with the Inception of the lease. Title does not transfer to the lessee and there ls no bargain purchase option or guaranteed residual value. The asset has an expected economlc life of 12 years. The lease noncancelable. Effective Decrease Cash Balance Payment Payment In balance Interest 1 15,000 15.000 86.385 22 15.0000 639 6361 80 024 15 000