Crane Services Inc. accounts for the lease of a truck. The lease includes a residual value guarantee at the end of the lease term of $16,600. Crane estimates that the likelihood that the residual value will be $16,600 has a 50% certainty. Crane feels that there is a 30% chance that the residual value will be $12,200 and a 20% chance that it will be $10,000. Calculate the probability-weighted value of the residual guarantee that needs to be included in the measurement of the lease payments liability recorded by Crane when the lease is signed. Probability-weighted expected value $