Reliable Enterprises sells distressed merchandise on extended credit terms. Collections on these sales are not reasonably assured, and bad debt losses cannot be reasonably predicted. It is unlikely that repossessed merchandise is in condition to be re-sold. Therefore, Reliable uses the cost recovery method. Merchandise costing $28,000 was sold for $55,500 in 2017. Collections on this sale were $19,500 in 2017, $14,700 in 2018, and $21,300 in 2019. In 2018, Reliable would recognize gross profit of: Lake Power Sports sells jet skis and other powered recreational equipment. Customers pay one-third of the sales price of a jet ski when they initially purchase the ski, and then pay another one-third each year for the next two years. Because Lake has little information about the ability to collect these receivables, it uses the installment sales method for revenue recognition. In 2017, Lake began operations and sold jet skis with a total price of $660,000 that cost Lake $330,000. Lake collected $220,000 in 2017, $220,000 in 2018, and $220,000 in 2019 associated with those sales. In 2018, Lake sold jet skis with a total price of $1,440,000 that cost Lake $864,000. Lake collected $480,000 in 2018, $395,000 in 2019, and $395,000 in 2020 associated with those sales. In 2020, Lake also repossessed $170,000 of jet skis that were sold in 2018. Those jet skis had a fair value of $63,750 at the time they were repossessed. In 2019, Lake would recognize realized gross profit of: A company failed to record unrealized gains of $20 million on its available for sale debt security investments. Its tax rate is 30%. As a result of this error, comprehensive income would be