Question: Corp has the following data available for a two-year project: 2020 2021 Costs Incurred in The Year 3,000 6,000 Estimated Costs to Complete 9,000 -0-

Corp has the following data available for a two-year project: 2020 2021 Costs Incurred in The Year 3,000 6,000 Estimated Costs to Complete 9,000 -0- Billings During the Year 4,500 5,500 Cash Collections 3,500 6,000 Selling Price: $15,000 Required Calculate the revenue, 2020 2021 Revenue

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