Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2018. The manufacturing cost of the computers was $12 million.

This noncancelable lease had the following terms:

Lease payments: $2,466,754 semiannually; first payment at January 1, 2018;

remaining payments at June 30 and December 31 each year through June 30, 2022.

Lease term: five years (10 semiannual payments).

No residual value; no purchase option.

Economic life of equipment: five years.

Implicit interest rate and lessee's incremental borrowing rate: 10%.

Fair value of the computers at January 1, 2018: $20 million.

what amount related to the lease would Technoid report in its 2018 income statement?