Pedro sells investment land on September 1, 2017. Information pertaining to the sale follows:

Adjusted basis$24,000

Selling price86,400

Selling expenses1,200

Down payment10,000

Four installment payments14,400

Mortgage assumed by the buyer18,800

Each installment payment is due on September 1 of 2018, 2019, 2020, and 2021 (ignore interest). Determine the tax consequences in 2017, 2018, 2019, 2020, and 2021. (Do not round intermediate calculations. Round your final answers to nearest whole dollar value.)