Hi, please help with the red circle part! Answer the question only in the case you REALLY know how to do it! Or else if the answer is incorrect I will still give you a thumb down. Thank you.

Problem 21A-8 a2-c (Part Level Submission) Pearl Inc. manufactures an X-ray machine with an estimated life of 12 years and leases it to Martinez Medical Center for a period of 10 years. The normal selling price of the machine is $471,096, and its guaranteed residual value at the end of the non-cancelable lease term is estimated to be $15,900. The hospital will pay rents of $56,900 at the beginning of each year. Pearl incurred costs of $263,000 in manufacturing the machine and $13,400 in legal fees directly related to the signing of the lease. Pearl has determined that the collectibility of the lease payments is probable and that the implicit interest rate is 5%. Martinez Medical Center has an incremental borrowing rate of 5% and an expected residual value at the end of the lease of $10,000 Click here to view factor tables (a2) Your answer is incorrect. Try again Compute the amount of the initia lease liability. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 5,275.) I Lease Liabiity 449128.175