Refer to LaGrow Developers

question 36

Multiple Choice

Refer to LaGrow Developers.Assuming that LaGrow uses the installment sales method,in its December 31,2017 balance sheet,the company would report ________.

• A)$100,000 net installment accounts receivable
• B)$1,500,000 net installment accounts receivable
• C)$2,500,000 net installment accounts receivable
• D)$3,500,000 net installment accounts receivable