On December $31,2025,$ Crane Co$.$ leased a machine from Swifty, Inc. for a five$-$year period. Equal annual payments under the lease are $$1500000($including $$88000$ annual executory costs$)$ and are due on December $31$ of each year. The first payment was made on December $31,2025,$ and the second payment was made on December $31,2026.$ The five lease payments are discounted at $11\%$ over the lease term. The present value of lease payments at the inception of the lease and before the first annual payment was $$6153669.$ The lease is appropriately accounted for as a finance lease by Crane. In its December $31,2026$ balance sheet, Crane should report alease liability of

$$ $$4114248$

$$4525673.$

$$4437673.$

$$3665573$