The following lease liability amortization table was developed for Smith Company and Lease 34T: Lease Liability Amortization Table Outstanding Incr./(Decr.) Ending Lease Year Balance Interest Payment in Balance Balance Aug. 1 2exi $43,520 $ $13,000 $(13,000) $30,520 Aug. 1 20x2 30,52 2,442 13, eee (10,558) 19,962 Aug. 1 2ex3 19,962 1,597 13,000 (11,403) 8,559 Aug. 1 20x4 8,559 685 4,800 (4,115) 4,444 Aug. 1 2exs 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 ne whole number. Round intermediate calculations and final answers to the nearest whole dollar amount.)