On December $31,2012,$ Reagan Inc. signed a lease for some equipment having a eight$-$year useful life with Silver Leasing Co$.$ The lease payments are made by Reagan annually, beginning at signing date. Title does not transfer to the lessee, so the equipment will be returned to the lessor on December $31,2018.$ There is no bargain purchase option, and Reagan guarantees a residual value to the lessor on termination of the lease.

Reagan's lease amortization schedule appears below:

What is the amount of residual value guaranteed by Reagan to the lessor?

Group of answer choices

$ $1,385$

$$34,615$

$$36,000$

Cannot be determined from the given information