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Pedro sells investment land on September 1, 2014.Informaton pertaining to the sale follows: Each installment payment is due on September 1 of 2015, 2016, 2017,
Pedro sells investment land on September 1, 2014.Informaton pertaining to the sale follows: Each installment payment is due on September 1 of 2015, 2016, 2017, and 2018 (Ignore interest). Determine the gain to be recognized for taxes in 2014, 2015.2016, 2017, and 2018. (Do not round intermediate calculations. Round final answers to nearest whole dollar value
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