Question: Chapter 060 5 Required Information The following on eppes to the questions displayed below) in 2021 the Wegate Construction Company entered into a contract to

Chapter 060 5 Required Information The following on eppes to the questions displayed below) in 2021 the Wegate Construction Company entered into a contract to construct a rod for Santa Clara County for $10,000,000 The road wes completed in 2023. Information related to the contract is allow Westgate recognizes revenue over time according to percentage of completion Required 1. Calculete the amount of revenue and gross profit loss to be recognized in each calculations. Loss amounts should be indicated with a minus sign 2021 WORK e three years (Do not round intermediate

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