Wildhorse Corporation entered into an agreement with Pina Rentals Co. on January 1, 2025 to lease a machine to be used in its manufacturing operations. The following data pertain to the agreement: (a) The term of the noncancelable lease is 3 years with no renewal option. Payments of $525532 are due on January 1 of each year. (b) The fair value of the machine on January 1,2025 , is $1450000. The machine has a remaining economic life of 10 years, with no salvage value. The machine reverts to the lessor upon the termination of the lease. (c) Wildhorse depreciates all machinery it owns on a straight-line basis. (d) Wildhorse's incremental borrowing rate is 11% per year. Wildhorse does not know the 9% implicit rate used by Pina. (e) Immediately after signing the lease, Pina finds out that Wildhorse Corp. is the defendant in a suit that is sufficiently material to make collectibility of future lease payments doubtful. If Wildhorse accounts for the lease as an operating lease, what expenses will be recorded as a consequence of the lease during the fiscal year ended December 31, 2025? (Round factor value calculation to 5 decimal places, e.g. 1.25124.) Click here to view factor tables. Lease Expense of 525532 Interest Expense of 525532 Amortization Expense and Interest Expense of 525532 Amortization Expense of 525532