please correct the second journal entry. The numbers are wrong. Please show work.

Recording a Sales-Leaseback Olympia Co. owns a building with a current carrying value on January 1 of $900,000, an original cost of $1,400,000, a 10-year remaining useful life, and no residual value. The building is sold on January 1 to Beta Investor Inc. for $1,000,000 cash. Simultaneously, the two parties executed a five-year lease with a 7% implicit rate of interest, known by both parties. Each annual payment of $156,000 is due on December 31. Assuming that the lease is classified as an operating lease, record Olympia's journal entry(s) on January 1. - Note: Round your answer to the nearest whole dollar