Sheridan Company leased equipment to the Cheyenne Company on July 1, 2025, for a ten-year period expiring June 30, 2035. Equal annual payments under the lease are $245000 and are due on July 1 of each year. The first payment was made on July 1, 2025. The rate of interest contemplated by Sheridan and Cheyenne is 9%. The lease receivable before the first payment is $1713836 and the cost of the equipment on Sheridan's accounting records was $1538000. Assuming that the lease is appropriately recorded as a sale for accounting purposes by Sheridan, what is the amount of profit on the sale and the interest revenue that Sheridan would record for the year ended December 31, 2025?

O $1713836 and $0

O $175836 and $66098

O $175836 and $154245

O $175836 and $132195