Question: D Question 15 It is now December 14, 2020. Crazy Edith sells a mattress to a customer for $2,600. The cost basis of the mattress

D Question 15 It is now December 14, 2020. Crazy Edith sells a mattress to a customer for $2,600. The cost basis of the mattress is $1.900. Terms of the sale call for $500 down payment with the balance payable in equal annual installments over the next 3 years, beginning January 14, 2021. There is no significant financing on the contract. Under the Installment method, Crazy Eddie will show yearly gross profit (not cumulative) in 2023 closest to: (Note that it is not mandatory to fill in the table below to receive credit). Revenue Expense Gross Profit Year 2020 2021 2022 2023 Total 22 $0 5700 $511 $189

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