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Bell Co. uses the installment sales method. In 20x1, Bell Co. sells an inventory costing $450,000 for an installment sale price of #600,000. Bell makes

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Bell Co. uses the "installment sales method." In 20x1, Bell Co. sells an inventory costing $450,000 for an installment sale price of #600,000. Bell makes the following collections: 20x1, #400,000; 20x2, #150,000; and 20x3, #50,000

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