On June 30, 2021, Georgia-Ariantic, Inc leased warehouse equipment from Buiders, inc. The lease agreement calls for Georgia. Atlantic to make semiannual lease payments of $677.829 over a 4 year lease term falso the asset's useful iffel. payable each June 3 ) and December 31, with the first payment at June 30, 2021. Georgia Atiantic's incremental borrowing rate is 10.0%, the same rate. Buiders used to calculate lease payment amounts. Buiders manufactured the equipment at a cost of 541 miltion. (FV of S1. DV o. SI. EVA of S1. PVA of S1. EVAD of S1 and PVAD of 51) (Use oppropriote foctor(s) from the tables provided.) Required: 1. Determine the price at which Builders is "selling" the equipment (present value of the lease payments) at June 30,2021 2. What amount related to the lease would Builders report in its balance sheet at December 31, 2021 fgriore taves)? 3. What line item amounts related to the lease would Builders report in its income statement for the year ended December 31.2021 (ignore takes)? (For all requirements, enter your answers in whole dollers ond not in millions. Round your final answer to the nearest whole dolise.)