Refer to the following lease amortization schedule. The 10 payments are made annually starting with the beginning of the lease. Title does not transfer to the lessee and there is no purchase option or guaranteed residual value. The asset has an expected economic life of 12 years. The lease is noncancelable. Cash Payment Effective Interest Decrease in balance Payment 1 2 3 4 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 13,000 Outstanding Balance 90,938 77,938 71,952 65,428 58,317 50,566 42,117 32,908 22,870 13,000 5,986 6,524 7,111 7,751 8,449 9,209 10,038 7,014 6,476 5,889 5,249 4,551 3,791 2,962 ? 5 6 7 8 ? ? 9 10 ? ? ? What is the outstanding balance after payment 9? (Round your answer to the nearest whole dollar.)