On June $30,2024,$ Blue, Incorporated leased a machine from Big Leasing Corporation. The lease agreement qualifies as a finance lease and calls for Blue to make semiannual lease payments of $$214,208$ over a four$-$year lease term, payable each June $30$ and December $31,$ with the first payment on June $30,2024.$ Blue$$s incremental borrowing rate is $12\%,$ the same rate Big uses to calculate lease payment amounts. The lease agreement qualifies as a sales$-$type lease without selling profit. Depreciation is recorded on a straight$-$line basis at the end of each fiscal year. Note: Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$ Required: What would be the amounts related to the lease that Big would report in its balance sheet at December $31,2024?($Ignore income taxes.$)$ What would be the amounts related to the lease that Big would report in its income statement for the year ended December $31,2024?($Ignore income taxes.$)$ Note: For all requirements, round your intermediate and final answers to the nearest whole dollar amounts.On June $30,2024,$ Blue, Incorporated leased a machine from Big Leasing Corporation. The lease agreement qualifies as a finance lease and calls for Blue to make semiannual lease payments of $$214,208$ over a four$-$year lease term, payable each June $30$ and December $31,$ with the first payment on June $30,2024.$ Blue$$s incremental borrowing rate is $12\%,$ the same rate Big uses to calculate lease payment amounts. The lease agreement qualifies as a sales$-$type lease without selling profit. Depreciation is recorded on a straight$-$line basis at the end of each fiscal year. Note: Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$ Required: What would be the amounts related to the lease that Big would report in its balance sheet at December $31,2024?($Ignore income taxes.$)$ What would be the amounts related to the lease that Big would report in its income statement for the year ended December $31,2024?($Ignore income taxes.$)$ Note: For all requirements, round your intermediate and final answers to the nearest whole dollar amounts.