Technold Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $19 million This noncancelable lease had the following terms: Lease payments: $2,617,769 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: 3% semiannually. Fair value of the computers at January 1, 2021: $23 million What is the interest revenue that Technold would report for this lease in its 2021 income statement? (Round your answer to the nearest whole dollar.)