Question: $ 2 . 5 0 0 , 0 0 0 wire werk, and cash colected mas $ 2 . 2 5 0 . 0 5

$2.500,000 wire werk, and cash colected mas $2.250.050. $2.475.000 cesh wes collected. The project was completed in 2026 sher addivnal costs ef $3.800000 were incumed. The company's fical year-end is December 31 Amow recognaes revenue ower pme accorang no parcerrage ef compisnon.
Revalred:
Cacuabe the amount of nevenue and prose profit or isas to be recognaed m asch of the Erae yoart
3e. Frepare a pertisl beiance sheet to show the presertation of the project os of December 3.2021
3b. Prapare a panai bsance sheet 15 show the presemanon of the project as of December 312025.
Andwere is not complete.
Complete this quegtion by entering pour answers in the tabs belon.
Net 1
Net 24
Nem 2x
Preare a gartial Dalarce sheet to show the gresertation of the project as of Deoenber 31,2034.
\table[[Belstes Sheet (Pertis)],[At Devereer 30,2024],[Cuesil miets.],[Asocarta reourualio,0,5,250,000],[,,],[,,],[,,],[Curatliations],[intrest itverus,0,,],[,,],[,,,]]
$ 2 . 5 0 0 , 0 0 0 wire werk, and cash colected

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