Question: Technoid inc: seils computer systems, Technold leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $19 million.

 Technoid inc: seils computer systems, Technold leases computers to Lone Star
Company on January 1, 2021. The manufacturing cost of the computers was

Technoid inc: seils computer systems, Technold leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $19 million. This noncancelable lease had the following terms: - Lease payments; $2,836,767 semiannually; first payment at January 1, 2021: remaining payments at June 30 and December 31 each year through June 30,2025 . - Lease termi 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: 5% semiannually. - Fair value of the computers at January 1,2021: $23 million. What is the outstanding balance of the lease liablity in Lone Star's June 30,2021 , balance sheet? (Round your answer to the nearest whole dollar.) $18,334,628. $19,034,637. $23,000,000 None of these answer choices is correct

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