On December 31, 2020, Reagan Inc. signed a lease with Silver Leasing Co for some equipment having a seven-year useful life. The lease payments are made by Reagan annually, beginning at signing date. Title does not transfer to the lessee, so the equipment will be returned to the lessor on December 31, 2026. There is no purchase option, and Reagan guarantees a residual value to the lessor on termination of the lease Reagan's lease amortization schedule appears below: 02.33.09 Payments Interest Dec. 31 2e2e 2020 2021 2022 2023 2024 2025 2826 $82.ee $82,00 $82,000 $82,000 582,000 582,000 $32,800 $27,846 23,513 18,834 13,781 8,324 2,430 Decrease in Outstanding Balance Balance $430,072 $82, eee 348,072 54,154 293,918 58,487 235,431 63,156 172,266 68,219 104,047 73,676 30,371 30,378 @ What is the amount of residual value guaranteed by Reagan to the lessor? Multiple Choice $2,430 Multiple Choice O $2,430. $30,371. $32,800 Cannot be determined from the given information. Prey