On January 1, Garcia Supply leased a truck for a three-year period, at which time possession of the truck will revert back to the lessor. Annual lease payments are $12,000 due on December 31 of each year, calculated by the lessor using a 4% discount rate. Negotiations led to Garcia guaranteeing a $31,600 residual value at the end of the lease term. Garcia estimates that the residual value after four years will be $30,200. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the amount to be added to the right-of-use asset and lease liability under the residual value guarantee? (Round your answer to the nearest whole number.) Amount to be added Bryant leased equipment that had a retail cash selling price of $760,000 and a useful life of four years with no residual value. The lessor spent $610,000 to manufacture the equipment and used an Implicit rate of 9% when calculating annual lease payments of $215,219 beginning January 1, the beginning of the lease. Lease payments will be made January 1 each year of the lease. Incremental costs of consummating the lease transaction Incurred by the lessor were $23,000. What is the effect of the lease on the lessor's earnings during the first year, not including any effect of depreciation no longer required on the asset under lease (Ignore taxes)? (Input decreases to Income as negative amounts. Round Interest revenue to the nearest whole dollar.) Impact on lessor's pretax earnings