Please help. this is the question please answer 1, 2, & 3.

On June 30, 2024, Blue, Incorporated leased a machine from Large Leasing Corporation. The lease agreement 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. Depreciation is recorded on a straight-line basis at the end of each fiscal year. Large constructed the machine at a cost of $1,169,000. Note: Use tables, Excel, or a financlal calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Required: 1. Determine the price at which Large is "selling" the machine (present value of the lease payments) on June 30 , 2024. 2. What would be the amounts related to the lease that Large would report in its balance sheet at December 31 , 2024 ? (Ignore taxes.) 3. What would be the amounts related to the lease that Large would report in its income statement for the year ended December 31, 2024? (Ignore taxes.) Note: For all the requlrements, round final answers to the nearest whole dollar amounts