Judge corp. sold widgets, to Sanchez inc. for $237,800 on June 1, 2017. The Widgets cost judge corp. $180,728. According to the terms of the sales, Sanchez inc is to pay judge Corp $119,650 at the end of 2017, $81,470 at the end of 2018, and $36,680 at the end of 2019.

Please complete the following table (Please round your answer to two decimal places. For full credit, there must be an entry in every cell.

Collection Year	2017	2018	2019
Amount collected	119,650	81,470	36,680

Cost Recovery Method

Collection Year	2017	2018	2019
Cost Recovered
Cost yet to be recovered
GP recognized under Cost recovery
Balance in Deferred GP Account Under Cost Recovery Method

Installment Method

Collection Year	2017	2018	2019
GP recognized under Installment method
Balance in Deferred GP under Installment Method

Generally Accepted Accounting Principles

Collection Year	2017	2018	2019
GP recognized under GAAP
Balance in Deferred GP under GAAP