Carla Vista Company leased equipment to the Polan Company on July 1, 2018, for a 10-year period expiring June 30, 2028. Equal annual payments under the lease are $247000 and are due on July 1 of each year. The first payment was made on July 1, 2018. The rate of interest contemplated by Carla Vista and Polan is 10%. The cash selling price of the equipment is $1750000 and the cost of the equipment on Carla Vista's accounting records was $1558000. Assuming that the lease is appropriately recorded as a sale for accounting purposes by Carla Vista, what is the amount of profit on the sale and the interest revenue that Carla Vista would record for the year ended December 31, 2018?