Shiba Co entered into a non-cancellable 9 months lease to hire a photocopier on 1 January 20X7. The terms of the lease agreement were as follows: lease rental $10,000 in total Cash back incentive received at the start of the lease $1,000 Useful life of the asset Eight years What is the charge in the statement of profit or loss of Shiba Co for the year ended 31 December 20X7 in respect of this lease?