On January$1,2023,$ Precision Pumps leases nonspecialized pumping equipment to Mega Construction. The equipment is delivered on January $1.$ The lease term is $4$ years with no renewal or purchase$$ options, and title to the leased asset is retained by the lessor at the end of the lease term. The lease requires annual fixed rental payments of $$8,500$ per year beginning on January$1,2023,$ and then December $31$ of each year starting on December$31,2023.$ The fair value of the equipment is $$41,724$ and has a carrying amount on$$ Precision's books of $$28,372.$ The equipment has a remaining life of $8$ years. The estimated residual value of the equipment is $$15,400.$ The lessee does not guarantee the residual$$ value, but Precision secured an unrelated third party to guarantee $$15,400$; collection of this guaranteed residual value and lease payments are reasonably certain. The rate implicit in the lease is $8\%.$ There are no prepaid$$ rentals, and neither party to the agreement pays initial direct costs. What is the balance in the net investment in the lease account after the second payment on December$31,2023?$