Question: dvi cher question will save this response. Question 1 Garden Inc. began work in 2021 on contract #3814, which provided for a contract price

dvi cher question will save this response. Question 1 Garden Inc. began work in 2021 on contract #3814, which provided for a contract price of 4,800,000. Other details follow: 2021 2022 800,000 2,450,000 B 900,000 Costs incurred during the year Estimated costs to complete, as of December 31 Billings during the year Collections during the year Assume Garden uses the cost-recovery method of accounting. The portion of the total gross profit to be recognized as income in 2022 is: A 1,550,000 C4,800,000 D. 600,000 Moving to another question will save this response. 2,400,000 900,000 600,000 0 Question 1 of 41 3,600,000 3,900,000 1.25 points Save Aniver Question 1 of 4

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