refer to the following lease amortization schedule. the five payments are made annually starting with the beginning of the lease. a $2,300 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 balance outstanding balance 36,100 1 7,700 ?? ?? 28,400 2 7,700 1,704 5,996 22,404 3 7,700 1,344 6,356 16,048 4 7,700 963 6,737 9,311 5 7,700 ?? ?? ?? 6 2,300 130 2,170 0 what amount would the lessee record as annual amortization on the asset using the straight-line method, assuming no residual value? (round your answer to the nearest whole dollar.) multiple choice