ng Enabled Test 2 - Retake i Technold Inc sells computer systems. Technold leases computers to Lone Star Company on January 1, 2021 The manufacturing cost of 5 This noncancelable lease had the following terms Lease payments: $3,550,809 semiannually, first payment at January 1, 2021; remaining payments at June 30 and December 31 each y 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: 10% semiannually Fair value of the computers at January 1, 2021: S24 million 152 What is the outstanding balance of the lease liability in Lone Star's June 30, 2021, balance sheet? (Round your answer to the nearest whe