On June $30,2018,$ Georgia$-$Atlantic, Inc., leased a warehouse facility from IC Leasing Corporation. The lease agreement calls for Georgia$-$Atlantic to make semiannual lease payments of $$562,907$ over a three$-$year lease term, payable each June $30$ and December $31,$ with the first payment at June $30,2018.$ Georgia$-$Atlantic's incremental borrowing rate is $10\%,$ the same rate IC uses to calculate lease payment amounts.$$IC purchased the warehouse from Builders Inc. At a cost of $$3$ million.

$$What pretax amounts related to the lease would Georgia$-$Atlantic report in its balance sheet at December $31,2018?$

$$What pretax amounts related to the lease would Georgia$-$Atlantic report in its income statement for the year ended December $31,2018?$