Question: 17,533,256 is not the right answer Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2021. The manufacturing cost

17,533,256 is not the right answer

Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers wes $12 milion. This noncancelable lease had the following terms: Lease payments: $2,466,754 semiannually, frist payment at lanuary 1,2022 ; remaing payments at June 30 and December 31 each year through June 30,2025. Lease term: five years (10 semiannual payments). No residual value; no purchase option. Economic life of equipment: five years. Implicit interest rate and lessee's incremental borrowing rate. 5% semizmally. Fair value of the computers at January 1,2021:520 million. What is the outstanding balance of the lease liability in Lone Star's jure 32, 2021, baeace

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