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(Questions 15-18) Technoid Inc. manufactures computer systems. Technoid leases computers to Lone Star Company on January 1, 2018. The manufacturing cost of the computers was

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(Questions 15-18) Technoid Inc. manufactures computer systems. Technoid leases computers to Lone Star Company on January 1, 2018. The manufacturing cost of the computers was $12 million. This noncancelable lease had the following terms: Lease payments: $2,466,754 semiannually; first payment at January 1, 2018; remaining payments at June 30 and December 31 each year through June 30, 2022. Lease term: five years (10 semiannual payments). No residual value; no purchase option. Economic life of equipment: five years. Implicit interest rate and lessee's incremental borrowing rate: 10%. Fair value of the computers at January 1, 2018: $20 million. 16. What is the outstanding balance of the lease liability in Lone Star's June 30, 2018, balance sheet? (Round your answer to the nearest dollar.) O None of these answer choices is correct. 0 $17,533,246. O $21,000,000. O $15,943,154

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