At January 1, 2021, Amber leased restaurant equipment from LCD Corporation under a five-year lease agreement in a finance lease. The lease agreement specifies annual payments of $100,000 beginning January 1, 2021, the beginning of the lease, and at each December 31 thereafter through 2024. The equipment was acquired recently by LCD at a cost of $450,000 and was expected to have a useful life of six years with no salvage value at the end of its life. LCD seeks 7% return on its lease investments. The present value of five payments at a discount rate of 7% is $438.721. Based on the above fact, answer the following questions: (Do not add dollar sign; do not add commo by yourself to your amount round the answer to the whole number) 1. What amount related to the lease should Amber report in its income statement for the year ended December 31, 2021? 2. What is the balance of lease liability that Amber will report in its balance sheet at December 31, 2021? 3. What is the balance of right-of-use asset that Amber will report in its balance sheet at December 31, 2021