need A, B, and C. please and thank you!

TPW, a calendar year taxpayer, sold land with a $550,000 tax basis for $825,000 in February. The purchaser paid $90,000 cash at closing and gave TPW an interest-bearing note for the $735,000 remaining price. In August, TPW recelved a $60,850 payment from the purchaser consisting of a $36,750 principal payment and a $24,100 interest payment. Assume that TPW uses the installment sale method of accounting: Required: a. Compute the difference between TPW's book and tax income resulting from the instaliment sale method. b. Is this difference favorable or unfavorable? c. Using a 21 percent tax rate, compute PTR's deferred tax asset or liability (identify which) resulting from the book/tax difference. Complete this question by entering your answers in the tbs below. Compute the difference between TPW's book and tax income resulting from the instaliment sale method. Note: Round gross profit percentage to 2 decimal places, and intermediate calculations to the nearest whole dollar amount. Round your final answer to nearest whole dollar amount