The following lease liability amortization table was developed for Smith Company and Lease 34T: Lease Year Aug. 1 2ex1 Aug. 1 2ex2 Aug. 1 2ex3 Aug. 1 20x4 Aug. 1 2exs Lease Liability Amortization Table Outstanding Incr./(Decr.) Ending Balance Interest Payment in Balance Balance $43,520 $ $13, eee $(13, eee) $30,520 30,520 2,442 13, eee (10,558) 19,962 19,962 1,597 13,000 (11,403) 8,559 8,559 685 4,800 (4,115) 4,444 4,444 356 4,800 (4,444) e (PV of $1. PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Provide an independent proof of the $18,540 liability balance after the second payment. (Round percentage answer to neare whole number. Round intermediate calculations and final answers to the nearest whole dollar amount.) The discount rate is PV- %