Abbott Equipment leased a protein analyzer to Werner Chemical, Inc., on September 30, 2016. Abbott purchased the machine from NutraLabs, Inc., at a cost of $5 million. The five-year lease agreement calls for Werner to make quarterly lease payments of $326,290, payable each September 30, December 31, March 31, June 30, with the first payment at September 30, 2016. Abbot's implicit interest rate is 12%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:

1.	What amounts related to the lease would Abbott report in its balance sheet at December 31, 2016 (ignore taxes)?
	Lease Receivables = ?

2.	What amounts related to the lease would Abbott report in its income statement for the year ended December 31, 2016 (ignore taxes)?
	Interest Revenue = ?

3.	What amounts related to the lease would Abbott report in its statement of cash flows for the year ended December 31, 2016 (ignore taxes)? Capital Lease = ? Interest Portion = ? Principle Portion = ?