On December $31,2025,$ Cullumber Corporation leased a plane from Indigo Company for a seven$-$year period expiring December $31,2032.$ Equal annual payments of $$439000$ are due on December $31$ of each year, beginning with December $31,2025.$ The lease is properly classified as a finance lease on Cullumber's books. The present value at December $31,2025$ of the eight lease payments over the lease term discounted at $10\%$ is $$2576236.$ Assuming the first payment is made on time, the amount that should be reported by Cullumber Corporation as the lease liability on its December $31,2025$ balance sheet is

$$2137236.$

$$2576236.$

$$2350959.$

$$2394859.$