On June $30,2024,$ Wilson Incorporated leased a warehouse facility from Jason Construction Corporation. The lease agreement calls for Wilson to make semiannual lease payments of $$1,688,721$ over a three$-$year lease term, payable each June $30$ and December $31,$ with the first payment on June $30,2024.$ Wilson's incremental borrowing rate is $10\%,$ and the same rate Jason uses to calculate lease payment amounts. The fair value of the warehouse is $$9$ million. Jason recently constructed the warehouse at a cost of $$8$ million. Required: $1.$ Journal entries for Wilson to record June $30,2024$ and on December $31,2024?2.$ How would Wilson report the lease related accounts on December $31,2024$ on the balance sheet and income statement?