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During 2013, Company A sold a piece of land with a cost of 59 million to company for $6 million Company B made a $1

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During 2013, Company A sold a piece of land with a cost of 59 million to company for $6 million Company B made a $1 million down payment with the remaining balance to be paid over the next 5 years. It has been determined that there is significant escubt about the ability and commitment of the buyer to complete all payments. Company Awould most likely report a profit in 2013 of Select one A $0,4 milion using the instaliment method B. 51 milion using the cost recovery method . C. $2 million using the accrual method

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