NutraLabs, Incorporated, leased a protein analyzer to Werner Chemical, Incorporated, on September $30,2024.$

NutraLabs manufactured the machine at a cost of $$3\mathrm{.}65$ million.

The five$-$year lease agreement calls for Werner to make quarterly lease payments of $$339,342,$ payable each September $30,$ December $31,$ March $31,$ and June $30,$ with the first payment on September $30,2024.$

NutraLabs' implicit interest rate is $16\%.$

The useful life of the equipment is five years.

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 price at which NutraLabs is "selling" the equipment $($present value of the lease payments$)$ on September $30,2024.$

What pretax amounts related to the lease would NutraLabs report in its balance sheet on December $31,2024?$

What pretax amounts related to the lease would NutraLabs report in its income statement for the year ended December $31,2024?$

What pretax amounts related to the lease would NutraLabs report in its statemeht of cash flows for the year ended December $31,2024?$