Question: Can you help me solve this problem as soon as possible? The Rebel Allance commissioned the Solo Construction Co. to construct a new base on

Can you help me solve this problem as soon as possible?
Can you help me solve this problem as soon as possible? The

The Rebel Allance commissioned the Solo Construction Co. to construct a new base on the moon of Endor for o fixed price of $36 million. During the first year, Solo Construction Co. Incurred construction costs of $9 million. Estimated costs to complete the construction were $21 million at the end of year 1 . The base was completed during the second year, with construction costs for that year totaling $22 miltion. How much revenue and gross profit or loss will Solo Construction Co. recognize in the first and second year if it recognizes revenue upon contract completion? Note: Enter your answers in whole dollars and not in millions (i.e., $4 million should be entered as $4,000,000 ). Leave no cells blank-be certain to enter "O" wherever required

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