On January 1, 2017 Predators Company manufactures a machine with an estimated life of 12 years and leases it to Senators Company for a period of 10 years. The normal selling price of the machine is $687,468, and its guaranteed residual value at the end of the lease term is estimated to be $30,000. Senator Company will pay rents of $100,000 at the beginning of each year (starting on January 1, 2017). Predators Company incurred costs of $420,000 in manufacturing the machine. Predators Company has determined that the collectability of the lease payments is reasonably predictable, that no additional cost will be incurred, and the implicit interest rate is 10%. Assume on 1-1-2017, the present value of ORIGINAL OR INITIAL Lease Receivables in the books of Predators (Lessor) was $694,000), the Interest Revenue recognized on 12-31-17 was $