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Light Drops Company started operations on January 1, 2020, selling home appliances on the installment bases. For 2020 and 2021, the following information are available:

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Light Drops Company started operations on January 1, 2020, selling home appliances on the installment bases. For 2020 and 2021, the following information are available: Installment sales Cost of installment sales Collection of 2020 sales Collection of 2021 sales 2020 1,200,000 720,000 630,000 2021 1,500,000 1,050,000 450,000 900,000 Compute for the following: Cost recovery method Installment method [A] [B] [F] Deferred gross profit during 2020 (from 2020 installment sales) Realized gross profit during 2020 (from 2020 installment sales) Deferred gross profit during 2021 (from 2020 and 2021 installment sales) Realized gross profit during 2021 (from 2020 and 2021 installment sales) [C] [G] [D] [H]

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