Question: During 2 0 2 0 . Cullumber Company started a construction job with a contract price of $ 1 , 5 8 0 , 0

During 2020. Cullumber Company started a construction job with a contract price of $1,580,000. The job was completed in
The following information is available.
(a)
Compute the amount of gross profit to be recognized each year, assuming the percentage-of-completion method is used.
Gross profit recognized in 2020,$
Gross profit recognized in 2021$
Gross profit recognized in 2022
During 2020. Cullumber Company started a construction job with a contract

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