On June 30, 2021, Blue, Inc. leased a machine from Blq teasing Corporate the lease agreement calls for Blue to make semiannual lease payments of $229,400 over a four-year le payable e 30 and December 31, with the first payment at June 30, 2021. Blue's incremental borrowing rate is 12%, the 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. (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD OLS1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 1. What would be the amounts related to the lease that Big would report in its balance sheet at December 31, 2021? (Ignore income taxes.) (Round the PV of semi-annual lease payments to nearest thousand.) 2. What would be the amounts related to the lease that Big would report in its income statement for the year ended December 31 2021? (Ignore income taxes) (Round your answer to the nearest whole dollar amounts.) 1. Loose receivable 2. Interest revenue