Westphal Construction sold to Walker Management Company apartments it had constructed. The sales price was $2.5 million. Westphal's cost to construct the apartments was $1.6 million. Westphal appropriately uses the installment method. Additional information: Cash Collected

2004 $ 800,000 2005 $ 1,200,000 2006 $ 500,000

A) What would the gross profit for each year using the installment method. B) Assuming the construction costs were $1.75 million what would A) look like.