Sunland Company, a dealer in machinery and equipment, leased equipment to Bridgeport, Inc., on July $1,2025.$ The lease is appropriately accounted for as a sales$-$type lease by Sunland and as a finance lease by Bridgeport. The lease is for a $10-$year period $($the useful life of the asset$)$ expiring June $30,2035.$ The first of $10$ equal annual payments of $$888000$ was made on July $1,2025.$ Sunland had purchased the equipment for $$5550000$ on January $1,2025$ and established a list selling price of $$7500000$ on the equipment. Assume that the present value at July $1,2025,$ of the rent payments over the lease term discounted at $8\%($the appropriate interest rate$)$ was $$6435238.$

What is the amount of profit on the sale and the amount of interest revenue that Sunland should record for the year ended December $31,2025?$

$$885238$ and $$221890$

$$0$ and $$186480$

$$1250000$ and $$500000$

$$885238$ and $$250000$