C Chegg Study I Gaded Solito |+ https ework On June 30, 2018, Georgia-Atlantic. Inc., leased warehouse equipment from IC Leasing Corporation. The lease agreement calls for ntic to make semiannual lease payments of $486,146 over a four-year lease term, payable each June 30 and December Georgia-Allan 31, with the first payment at June 30, 2018. Georgla-Allantic's Incremental borrowing rate is 12%, the same rate ease payment amounts. IC purchased the warehouse from Builders, Inc. .at a cost of $3.2 million. (FV of S1. PV of S1. EVA of S1, PVA of 1.EVAD of S1 and PVAD of S0 (Use appropriate factorls) from the tables provided) Required 1. What pretax amounts related to the lease would IC report in its balance sheet at December 31, 2018? 2. What pretax amounts related to the lease would IC report in its income statement for the year ended December 31, 2018 (For all requirements, enter your answers in whole dollars and not in millions Roupd your final answers to nearest whole dellas) Prelax amount of net receivable Pretax amount of nterest revenue 2 of 19 Next>