Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January $1,2024.$ The manufacturing cost of the computers was $$18$ million.

This noncancelable lease had the following terms:

Lease payments: $$2,713,429$ semiannually; first payment at January $1,2024$ ; remaining payments at June $30$ and December $31$ each year through June $30,2028.$

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: $5\%$ semiannually.

Fair value of the computers at January $1,2024$: $$22$ million.

What is the interest revenue that Technoid would report for this lease in its $2024$ income statement? $($Round your answer to the nearest whole dollar.$)$

A$.S{O}_{+}$

B$.$None of these answer choices is correct.

C$.$ $$964,329.$

D$.$ $$1,841,203.$

Requirement:

Create a partial amortization table to cover the following dates $($three cash payments$)$

Jan$1,2024,$

June $30,2024$

Dec$\mathrm{.}31,2024$: