Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $18 million.

This noncancelable lease had the following terms:

Lease payments: $2,608,078 semiannually; first payment at January 1, 2021; remaining payments at June 30 and December 31 each year through June 30, 2025.

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: 4% semiannually.

Fair value of the computers at January 1, 2021: $22 million.

What is the outstanding balance of the lease liability in Lone Star's June 30, 2021, balance sheet?