QUESTION 23 (5 points) Steling, Inc. is a lessee with a finance lease that includes a transfer of title to Steling, Inc. when the lease ends. The asset was recorded at $4,600,000 and has an economic life of 38 years. The lease term is 3 years. The asset is expected to have a market value of $920,000 at the end of the lease and of $92,000 at the end of the economic life. how much depreciation expense should Steling, Inc. record for the first year of the lease? (10 20) $1,502,667 $1,226,667 $118,632 $96,842