Question: 9 . 2 Based o n the project data presented i n the table, calculate for each o f the projects: the revenue that would

9.2 Based on the project data presented in the table, calculate for each of the projects: the revenue that would be recognized using (a) cash and (b) straight accrual methods; additionally calculate (c) the revenue using the percentage-of-completion method and (d) the gross profit to date.
ProjectfinancialdataJailprojectOfficeprojectHotelproject??????Contractamount$15000000$15000000$15000000Originalestimatedcost144000001460000014800000Billedtodate107000001070000010700000Paymentsreceivedtodate109000001053000010630000Costincurredtodate114500001035000010550000Forecastedcosttocomplete300000044000004100000Costspaidtodate940000093000009600000
9 . 2 Based o n the project data presented i n

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