On December 31, 2021, Sunland Corporation leased a plane from Bell Company for an 7-year period expiring December 31,2028. Equal annual payments of $456000 are due on December 31 of each year, beginning with December 31,2021 . The lease is properly classified as a finance lease on Sunland's books. The present value at December 31, 2021 of the 8 lease payments over the lease term discounted at 9% is $2751026. Assuming the first payment is made on time, the amount that should be reported by Sunland Corporation as the lease liability on its December 31,2021 balance sheet is $2295026. $2501579. \$2542619. $2751026