Technold Inc. sells computer systems. Technold 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. 4 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 Interest revenue that Technold would report for this lease in its 2021 Income statement? (Round your answer to the nearest whole dollar.) Multiple Choice $0. $1,478,058. None of these answer choices is correct. $775,677