On Jure $30,2024,$ Georga$-$Arlantic, Incorporated leased warchouse equipment from iC Leasing Corporation. The lease agreement calls for Georgla$-$Atlamtic to make semisannual lease payments of $$463\mathrm{.}866$ over a four$-$yedr lease term faiso the incrementai borrowing rete is thr$,$ the same rate iC used ta calculate lesse peyment amounts. IC purchased the equipment fram Bunders, Inserparated at a coat of $$3\mathrm{.}1$ milion.

Required:

$2.$ Whet smount reised to the lease would $K$ report in its inceme susement far the year ended December $3t\mathrm{.}2024$ fonore taxes$)?$

Note: For all requirements, enter your answers in whole dollers and not in millons. fround the intermedlace catculabion and Niral answers to the nearest whole dollar.

$2.$ Pretax emoind at interest revmous.