At December 31, 2008, Soul Star Corporation had the following account balances. Installment Accounts Receivable, 2007 Installment Accounts Receivable, 2008 Deferred Gross Profit, 2007 Deferred Gross Profit, 2008 $ 65,000 110,000 23,400 40,700 Most of Soul Star's sales are made on a 2-year installment basis. Indicate how these accounts would be reported in Soul Star's December 31, 2008, balance sheet. The 2007 accounts are collectible in 2009, and the 2008 accounts are collectible in 2010.