On January $2,2025,$ Cullumber, Inc. signed a ten$-$year noncancelable lease for a heavy duty drill press. The lease stipulated annual payments of $$330000$ starting at the beginning of the first year, with the title passing to Cullumber at the expiration of the lease. Cullumber treated this transaction as a finance lease. The drill press has an estimated useful life of $15$ years, with no salvage value. Cullumber uses straight$-$line amortization for all of its plant assets. Aggregate lease payments were determined to have a present value of $$2308431,$ based on an implicit interest of $9\%.$

In its $2025$ income statement, what amount of amortization expense should Cullumber report from this lease transaction?

$$153895$

$$137500$

$$198000$

$$330000$

Please Provided Steps!