71 On December 15, 2021, Rigsby Sales Co. sold a tract of land that cost $3,600,000 for $4,500,000. Rigsby oppropriately uses the installment sales method of accounting for this transaction Terms called for a down payment of $500,000 with the balance in two equal annual installments payable on December 15, 2022 and December 15, 2023. Ignore Interest charges. Rigsby has a December 31 year-end. Inles December 31, 2021, balance sheet, Rigsby would report: Multiple Choice Realized grow profit of $100.000 Deferred grous profe or $100,000 taiment rennblen (ret of $3,200,000 Trasiment recevable free of 54.000.000