Question: Current Attempt in Progress Ivanhoe Construction entered into a contract to construct a bridge for a contract price of ( $ 2 .

Current Attempt in Progress Ivanhoe Construction entered into a contract to construct a bridge for a contract price of \(\$ 2.90\) million. Construction began in 2022 and was completed in 2024. Below are the details of the transactions related to the contract: Calculate the revenue, expenses and gross profit to be recognized each year using the percentage-of-completion method. (Round the percentage completion to 2 decimal places, e.g.\(52.75\%\) and final answers to 0 decimal places, e.g.1,525.) Last saved 1 second ago. Attempts: 0 of 1 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes.
Current Attempt in Progress Ivanhoe Construction

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