On June 30, 2021, Georgia-Atlantic, Inc. leased a warehouse equipment from IC Leasing Corporation. The lease agreement calls for Georgia-Atlantic to make semiannual lease payments of $468,683 over a five-year lease term, payable each June 30 and December 31, with the first payment at June 30, 2021. Georgla-Atlantic's incremental borrowing rate is 10%, the same rate IC uses to calculate lease payment amounts. Amortization is recorded on a straight-line basis at the end of each fiscal year. The fair value of the equipment is $3.8 million (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD Of S1 and PVAD of $1) (Use opproprlate factor(s) from the tables provided.) Required: 1. Determine the present value of the lease payments at June 30, 2021 that Georglo-Atlantic uses to record the right-of-use asset and lease liability 2. What pretax amounts related to the lease would Georgia-Atlantic report in its balance sheet at December 31, 2021? 3. What pretax amounts related to the lease would Georgia-Atlantic report in its Income statement for the year ended December 31 2021? (For all requirements antarmu