Portage loc makes and selis computer systems. Portage leases computers to Texas Company on January 1,2021 . The manufocturing cost of the computers was 517 mitlion. This noncancelable lease had the following terms - Lease payments: $2,590,091 semiannually; first payment at January 1, 2021, remaining payments at June 30 and December 31 each year through June 30 . 2025 - Lease term: 5 years (10 semiannual payments) - No residual value; no purchase option. - Economic life of equipment 5 years - Implicit interest rate and lessee's incremental borrowing rate, 5% semiannually - Fair value of the computers of January 1,2021:$21 milion What is the outstanding balance of the lease liability in Texas's June 30, 2021, boiance sheet? (Round your answer to the nearest whole dollar.) Muriple Choice Nane of these answer choices is contect 515,84322 521000000 116740.313