On December $31,2023,$ SW Airlines leased a plane from FIY Company for a ten$-$yerr period expiring December $30,2033.$ Equal annual payments of $$637,500$ are due on December $31$ of each year, beginning with December $31,2023.$ The lease is properly classified as a finantics lease on SW$\text{'}$s books. The present value at December $31,2023$ of the ten lease payments over the lease term discounted at $9\%$ is $$4,459,472.$

Assuming the payments are made on time, the amount that should be reported by SW Airlines as the lease liability on its December $31,2024$ balance sheet latter the payment was made$)$ is $($rounded$)$:

$$4,223,324$

$$3\mathrm{.}477,994$

$$3,528\mathrm{.}49$

$$3\mathrm{.}821,972$