QUESTION 25 On December 31, 2019, Bladen Corp. sold a machine to Windle tously leased it back for one this date follows: Sales price $1,800,000 Carrying amount 1,600,000 Present value of reasonable lease rentals 170,000 ($15,000 for 12 months 12%) Estimated remaining useful life 13 years In Bladen's December 31, 2019 Income statement, the deferred profit from the sale of this machine should be $150,000 $170,000 $20,000