calculate lease payment amounts. Amortization is recorded on a straight$-$line basis at the end fair value of the equipment is $$3\mathrm{.}15$ million.

Note: Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

Required:

Determine the present value of the lease payments on June $30,2024$ that Georgia$-$Atlantic uses to record the right$-$of$-$use asset and lease liability.

What amount related to the lease would Georgia$-$Atlantic report in its balance sheet at December $31,2024($ignore taxes$)?$

What amount related to the lease would Georgia$-$Atlantic report in its income statement for the year ended December $31,2024($ignore taxes$)?$

Note: For all requirements, enter your answers in whole dollars and not in millions. Round your final answers to the nearest whole dollar.

$\backslash$table$[[1.$ Present value,$],[2.$ Pretax amount for liability,$],[2.$ Pretax amount for right$-$of$-$use asset,$],[3.$ Pretax amount for interest expense,$],[3.$ Pretax amount for amortization expense,$]]$