Question: D Question 2 1.25 points Save Answer Madina Construction Company had a contract starting April 2021, to construct a 18,000,000 building that is expected

D Question 2 1.25 points Save Answer Madina Construction Company had a contract starting April 2021, to

D Question 2 1.25 points Save Answer Madina Construction Company had a contract starting April 2021, to construct a 18,000,000 building that is expected to be completed in September 2023, at an estimated cost of 16,500,000. At the end of 2021, the costs to date were 7,590,000 and the estimated total costs to complete had not changed. The progress billings during 2021 were 3,600,000 and the cash collected during 2021 was 2,400,000, Madina uses the percentage-of-completion method. For the year ended December 31, 2021, Madina would recognize gross profit on the building of: A Zero CB.810,000 C690,000 D.632,500.5 & Moving to another question will save this response. AUS tv A Q Con Question 2 of 4

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