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6. D] Co. accounts for installment sales on the Installment basis. 0n january.r 1. 2016. the ledger accounts included the following balances: Installment Receivable 2014 .............................. 36.500 Installment Receivable .. 2015 .............................. 155.000 Deferred Gross Prot - 2014 .............................. 11.550 Deferred Gross Profit ~ 2015 .............................. 62.000 (in December 31. 2016. account balances before adjustments for realized gross prot on installment sales Were: InstaIIMEnt Reteivable . 2014 .............................. none Installment Receivable .. 2015 .............................. 42.000 lnstailment Receivable . 2016 .............................. 100.500 Deferred Gross Profit - 2014 .............................. 11.550 Deferred Gross Profit - 2015 .............................. 62.000 Deferred Gross Profit - 2016 .............................. 25.610 Installment sales in 2016 were made at 42% above cost of merchandise. The total realized gross prot on installment sales in 2016