In 2002, argo, co. bought 10 acres of commercial zoned land for $2,000,000. it sold the land to a developer in 2018 for $5,000,000. the developer paid argo $1,000,000 at the closing of the sale and gave argo a promissory note and mortgage for the remaining $4,000,000, plus 5% interest. the note is due in full on 12/31/2019. how much profit will argo report on the sale for 2018, if argo uses the installment method to account for this sale? a. $600,000 b. $1,000,000 c. $3,000,000 d. $5,000,000 19. using the same information as in question 18, how much profit will argo report on the sale for 2018, if argo uses the cost recovery method to account for this sale? a. $300,000 b. $600,000 c. $1,000,000 d. none

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?