On June 30, 2021, Georgia Atlantic, Inc. leased warehouse equipment from IC Leasing Corporation. The fease agreement calls for Georgia Atlantic to make semiannual lease payments of $414.921 over a five-year lease term (also the asset's useful fel. payable each June 30 and December 31, with the first payment at June 30, 2021. Georgia Atlantic's incremental borrowing rate is 8% the same rate I used to calculate lease payment amounts. I purchased the equipment from Builders, Inc at a cost of $35 million Ey of S1. PV. of $1. EVA [ $1. PVA of $1. EVAD 51 and PVAD. $.1) (Use appropriate factor(s) from the tables provided) Required: 1. What pretax amount related to the lease would IC report in its balance sheet at December 31, 2027 2. What pretax amount related to the lease would IC report in its income statement for the year ended December 31, 2020 (For all requirements, enter your answers in whole dollars and not in millions, Round your final answers to the nearest whole dollar.) 1 Pretax amount of not receivable Pretax amount of interest revenue 2