. O - 7 Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2011. The manufacturing cost of the computers was $12 million. This non- cancelable lease had the following terms: Lease payments: $2,466,754 semiannually; first payment on January 1, 2011; remaining payments on June 30 and December 31 each year through June 30, 2015. Lease term: 5 years (10 semi-annual payments) No residual value; no bargain purchase option Economic life of the equipment: 5 years Implicit interest rate and lessee's incremental borrowing rate: 5% semi-annually Fair value of the computers on January 1, 2011: $18 million Collectibility of the rental payments is reasonably assured, and there are no lessor costs yet to be incurred. What is the net carrying value of the lease liability in Lone Star's June 30, 2011 balance sheet? Round your answer to the nearest dollar? What is the net carrying value of the lease liability in Lone Star's June 30, 2011 balance sheet? Round your answer to the nearest dollar? a. $15,943,154 b 6. $14,348,839 C. $21,000,000 d. None of the above is correct