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lechnold Inc. sells computer systems. Technold leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $21 million

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lechnold Inc. sells computer systems. Technold leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $21 million This noncancelable lease had the following terms Lease payments: $3,698,759 semiannually, first payment at January 1, 2021 remaining payments at June 30 and December 31 each year through June 30, 2025. Lease term: 5 years (10 semiannual payments). No residual value, no purchase option Economic life of equipment 5 years. Implicit interest rate and lessee's incremental borrowing rate: 10% semiannually . Fair value of the computers at January 1 2021 $25 million What is the outstanding balance of the lease liability in Lone Star's June 30, 2021, balance sheet? (Round your answer to the nearest whole dollar) $19,732,606. $20,532,615. $25,000.000. None of these answer choices is correct

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