YOUR Company leases a machine from MY Company on July 1,201. Lease payments of $14,806 are due each July 1 , beginning July 1,201. The lease qualifies as a finance lease for YOUR Company and a salestype lease for MY Company. The incremental borrowing rate for YOUR Company is 10%. The lessor's implicit rate is 8%. The carrying value on the books of MY Company is $70,000. The lease term is 8 years. The useful life of the machine is 10 years. The fair value of the machine at the inception of the lease is $100,000. The expected residual value at the end of 8 years is $15,000 and at the end of 10 years is $6,000. The lessee guarantees $9,000 of the salvage value. YOUR Company capitalized the lease at that value, \$91,892. How much amortization expense will YOUR Company report at December 31,201