NutraLabs, Incorporated, leased a protein analyzer to Werner Chemical, Incorporated, on September $30,2024.$ Determine the price at which NutraLabs is "selling" the equipment $($present value of the lease payments$)$ on September $30,$

What pretax amounts related to the lease would NutraLabs report in its balance sheet on December $31,2024?$

What pretax amounts related to the lease would NutraLabs report in its income statement for the year ended December $31,$

$2024?$

Note: Round your intermediate and final answers to nearest whole dollar. Enter your answers in whole dollars. What pretax amounts related to the lease would NutraLabs report in its statement of cash flows for the year ended December

$31,2024?$

Note: Round your intermediate and final answers to nearest whole dollar. Enter your answers in whole dollars.

NutraLabs manufactured the machine at a cost of $$3\mathrm{.}65$ million.

The five$-$year lease agreement calls for Werner to make quarterly lease payments of $$332,816,$ payable each September $30,$

December $31,$ March $31,$ and June $30,$ with the first payment on September $30,2024.$

NutraLabs' implicit interest rate is $8\%.$

The useful life of the equipment is five years.

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:

Determine the price at which NutraLabs is "selling" the equipment $($present value of the lease payments$)$ on September $30,$

What pretax amounts related to the lease would NutraLabs report in its balance sheet on December $31,2024?$

What pretax amounts related to the lease would NutraLabs report in its income statement for the year ended December $31,$

$2024?$

What pretax amounts related to the lease would NutraLabs report in its statement of cash flows for the year ended December $31,$

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