Technoid Inc, sells computer systems. Technold leases computers to Lone Star Company on January 1, 2018. The manufacturing cost of the computers was $18 million This noncancelable lease had the following terms: Lease payments: $3,144,993 semiannually, first payment at January 1, 2018; remaining payments at June 30 and December 31 each year through June 30, 2022 Lease term: 5 years (10 semi-annual payments) No residual value, no purchase option Economic life of equipment: 5 years. Implicit interest rate and lessee's incremental borrowing rate: 9% semiannually. . Fair value of the computers at January 1, 2018: $22 million 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.)